Photo Courtesy: CCO Government ensures minimum profits for farmers through minimum support price when open market offers lesser prices than what has gone as inputs. Photo: Ground nut stocks, Kheda, Gujarat
Abstract: Several commissions have been set up from time to time to address the issue of foodgrain pricing. However, the PM-ASHAA scheme launched in the 2017-18 Union Budget is expected to revisit the challenges of minimum support prices.
The author is a Professor, Institute of Economic Growth, Delhi, and Honorary Director, Agricultural Economics Research Centre, University of Delhi, New Delhi. csekar@iegindia.org.
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