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Beyond MSP: Farmers need income, not price support

Farmers nationwide demand Minimum Support Price (MSP) as an entitlement for diverse crops, beyond traditional ones. State governments, like Madhya Pradesh, struggle with fiscal burdens and procurement limits. The article argues current MSP systems, including physical procurement and price difference payments, are unsustainable and ineffective. The author advocates for "Minimum Income Support" (MIP) via direct per-acre transfers, alongside crop insurance and infrastructure investment. This strategy empowers market-driven production. MSPs and input subsidies are deemed market-distorting and fiscally ruinous, necessitating a policy shift towards farmer income support.

Indian Express · Editorial · Aug 1, 2026 at 1:15 AM

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