Is MSP harmful for the Indian Agriculture in the long run? | Episode 1 | The Bottom Line

On this episode of The Bottom Line, we are going to talk about something that nobody addresses for political reasons or otherwise. The issue of MSP - Minimum support price, and whether it is actually feasible or bad for the Indian farmers and the Indian agriculture in the long-run.

Minimum support price (MSP) was brought in 1966-67 to ensure that Indian farmers get a basic minimum amount for their produce even if the price of a crop falls in the market, the central government used to step in and procure that crop from farmers at a fixed Minimum support price (MSP) so that they are shielded against losses. Another idea behind Minimum support price (MSP) was to provide income support.

Watch this episode of #TheBottomLine for complete information on Minimum support price (MSP).