Minimum Support Price(MSP)

 MSP-It is an Agricultural  price set by Govt. of India to keep safeguard the farmer to a minimum profit for the harvest if the open market has lesser price  than the cost incurred.Government  can directly purchase agricultural product  from farmer.

MSP is fixed on the recomentation of CACP(Commison for Agricultural  cost and Price) since 2009.

Total 23 commodities are covered by MSP Mechanism.

1)Paddy 2)wheat 3)Maize 4)Sorghum 5)pearl millet 6)Barley 7)Raggi 8)mung 9) Urad 10 Ming 11)Tur 12)Gram 13)7 nos commodities from oil seeds(Peanuts, Soyabeans, sawflower, sunflower, Rapeseed, sesame, nigar seed),20)Copra, 21)Sugarcane 22)Cotton 23)Raw jute.

Why Farmer protest?

The reason for the protest is also that in kisan bill 20, there is no mechanism to fix the prices. Therefore, the concern of farmers and political parties is that private companies should not exploit the farmers.

Although till date Only  6% farmer possible to take advantage  of MSP.