Centre Has Set Up A Committee To Strengthen The MSP System, To Address Issues Such As Wastage And Cross-Border Shipments.

The government on Monday formed a committee on Minimum Support Price (MSP), eight months after it promised to set up such a panel while withdrawing three contentious farm laws according to the market research companies report.

The government has made a provision to include three members from (SKM) as part of the committee but the farm organisation has so far not given any names to be part of the panel.

Under the banner of SKM, farmers had been struggling for the last year and forced the government to withdraw their farm laws.

Prime Minister on Tuesday announced the repeal of three farm laws and promised to set up a committee to discuss the farmers’ demand for a legal guarantee on MSP.

The Agriculture Ministry issued a gazette notification announcing the setting up of a committee in this regard.

The members of the farmers’ Cooperative and group include IFFCO Chairman, CNRI General Secretary. The committee also includes ICAR scientists who have been working on the issue since long.

Are you an aspiring farm entrepreneur or will be one soon? Looking to invest in farming products or start a new business project in rural areas? Now is the right time to join this exclusive agricultural advisory committee, which has senior officials of agricultural universities and eminent experts who have advanced knowledge of farming issues.

According to the notification, the committee will look at ways to make available MSP to farmers by making the system more effective and transparent. The committee will also look into steps to prevent fraud and malpractices in the procurement of rice and other crops related subsidies

The report challenges the fact that the CACP is not able to provide proper and reliable information for decision making. It will also suggest the practicality of giving more autonomy to CACP that fixes the MSP of Agri crops, and measures to make it more scientific.

The panel will look at ways to strengthen the Agricultural Marketing System in the country by looking at the changing requirements of the farmers.

This committee will look at solutions to problems in the field of research and development (R&D). Besides MSP, the committee will look at ways to promote natural farming, crop diversification, and micro irrigation scheme.


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