Discuss the recommendations of Ramesh Chand Committee Report of March 2015 with respect to the Minimum Support Price (MSP). Why the government is reluctant to accept these recommendations?

Ramesh Chand committee was set in 2013, to examine the methodological issues in the fixing of MSPs. The committee submitted its report in 2015. Some of the important recommendations of Ramesh Chand committee are: The committee recommended that Commission for ..

Topics: GS-III: Issues Related to Direct and Indirect Farm Subsidies and Minimum Support Prices

What are the reasons for viability crisis in agriculture? Explain with special reference to Minimum Support Price Scheme.

There are several reasons that make Indian agriculture less viable including Small and fragmented land-holdings; quality seeds and low seed replacement ratio; fertilizers and irrigation policy; lack of mechanization; issues in marketing, inadequate storage facilties etc. However, MSP scheme is ..

Topics: GS-III: Issues Related to Direct and Indirect Farm Subsidies and Minimum Support Prices

Do you agree with the view that the cash transfers to farmers who sell their produce in the market at below MSP levels can be a better alternative to the procurement under Minimum Support Price scheme? Discuss taking example of the Bhavantar Bhugtan Yojana (price deficit finance scheme) launched in Madhya Pradesh.

Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices. This serves the purpose of protecting farmers from distress sale and procurement of food ..

Topics: GS-III: Issues Related to Direct and Indirect Farm Subsidies and Minimum Support Prices