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KOREA REVIEW OF INTERNATIONAL STUDIES
Agriculture provides wages and raw materials to non-agriculture sectors. Tamil Nadu has outperformed all major states in crop production. The harvests of maize and oilseeds are the largest in the country. Agriculture performance has improved as a result of technological advancements and government participation. Researchers were interested in learning how MSP affects farmer income, government assistance, and production costs. Minimum support prices (MSPs) do not accurately reflect production cost shifts but Minimum support prices have an impact on agricultural incomes and economic conditions, which is what the researcher objective to discover and explain with this study. The farmers' displeasure was prompted by the MSP rates being announced after the reference period's sowing. MSPs for pulses such as green gram and black gram have always been lower than market prices. The study also concluded that procurement centres that are too far, resulting in high transportation costs; procurement centres that do not open on time; authorities demanding revenue records; a lack of covered storage or godowns for temporary storage of goods; a lack of electronic weighting equipment in some locations; and payment delays are all issues with MSP implementation.
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The present paper tries to find out the impact of Minimum Support Price on agricultural production and how it helps to improve the food security in India. We have taken data for the period 1996-97 to 2016-17 for variables production of Wheat and Rice (Paddy) from Directorate of Economics and Statistics, Department of Agriculture, Govt. of India and for variables procurement of wheat and rice from and Ministry of consumer affairs, food and public distribution. Data for variables minimum support prices of wheat and rice from CACP (Commission for Agricultural costs and prices). We have incorporated only rice and wheat because these two crops constitute more than 70% of food grains. Also, wheat and rice are the major food grains which are distributed through Public distribution system in India. We have used time series regression for our findings and found that minimum support prices of wheat and rice significantly and positively affect the production of wheat and rice in long run as mi.
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The nance minister in the Union Budget 2018–19 has announced the proposal to x the minimum support prices (MSP) at 50% in excess over the cost of production of crops. This article argues that even if it is implemented properly, the MSP will benet only a small section of farmers. It argues that along with the MSP, proper implementation of non-price factors can have a far-reaching impact in terms of enhancing the livelihood security of the rural poor that constitutes the bulk of the Indian population. Let me base this analysis on the assumption that MSPs are, on an average, almost 60% more than the C2 cost of cultivation that has been a long-standing demand of farmers. Let me also assume that there are enough procurement agencies, so the farmers will not lose out due to lack of these agencies in the rural areas. These are rosier assumptions compared to the ground realities. The question is whether an increase in MSP and shifts in the terms of trade in favour of agriculture will benet the farmers. In one word, the answer is no. Farmers in India are not homogeneous entities. According to the National Sample Survey Ofce (NSSO) data, an overwhelming majority of farmers (92%) in India are either small or marginal farmers who cultivated not more than 2 hectares (5 acres) of land in 2010–11. Thus, an overwhelming number of households cultivate small tracts of land. Given the tiny size of plots of land for a substantial number of farmer households, most of them (if not all) will be net buyers of agricultural commodities, particularly foodgrains. This also implies that only a small minority of households are net sellers of foodgrains. Thus, any rise in MSP will be benecial for a tiny section of farmer households. Rawal (2016) had argued, based on studies in villages located in various parts of India, that top ve households derived substantial incomes from crop production. According to the Agricultural Statistics at a Glance, Ministry of Agriculture and Farmers Welfare, the sale of power tillers had increased almost
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The effectiveness of minimum support price (MSP) for paddy has been examined in different regions of India and its role and contribution towards production in surplus states like Punjab have been studied. Based on the secondary data spanning from 1980-81 to 2006-07, the deviations of farm harvest prices from the MSP have been used as a measure of ineffectiveness and the impact of prices and technology on rice productivity has been examined by using the simultaneous equation model. While the MSP policy has been very effective in surplus producing states like Punjab and Andhra Pradesh, it has not been so effective in the deficit states. In Punjab, the effective implementation of the price policy has helped in improving the production and productivity of rice. Non-price factors such as use of improved varieties, availability of assured irrigation at subsidized rates and high fertilizer-use have been found to be significant determinants of growth in rice production. The study has sugges.
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Advances in Research
The paper tries to examine the institutional arrangements to enforce the minimum support price (MSP) in India with a special reference to a highly agricultural-producing state, which is also known as the food bowl of India. The current study is based on the Punjab state which is an agriculturally rich state, here, paddy and wheat farmers suffered low losses as compared to other crop cultivators, but they are not separate from losses. These institutional arrangements to enforce the MSP policy examined by studying cost of Production, FHP, MSP, and crop procurement by the government agencies and their benefited farmers of wheat and paddy. The study calculated the percent change in over the period of 2012-13 to 2020-21 of costs data from the Directorate of Economics & Statistics (DES), and this study analysed the procurement data published by the Food Original Research Article
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Vantage: Journal of Thematic Analysis
The underlying objective for the discussions highlighted in the paper is to establish an interrelation between Agricultural Produce Market Committee (APMC), Minimum Support Price (MSP) and the socio-economic factors of the farmers as well as to highlight how removing the financial safety net of the farmers would negatively impact their motivations, further dwindling their usage of sustainable means of agriculture. This paper begins by tracing the historical development of farmers in the colonial and post-colonial periods. It moves on to focusing on how the Agriculture Produce Market Committee (APMC) was formed in India, why there was a need to introduce Minimum Support Price (MSP) and how the both of them are connected to farmers. It further discusses the lesser-known socio-economic factors like caste, class, gender, economic affairs that have implications on sustainable agricultural practices and the social relationships among farmers. It also talks about how the government made mu.
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New agricultural policy passed recently in India has generated various questions and a range of curiosities about agricultural marketing, exchange and distribution. The issue is further graded as valuable in the context of an agriculture based economy like India. The discourses on agricultural marketing vary and classified in the domain of cultural, economic and constitutional discourses. The paper covers the emerging issues in agricultural marketing in context of newly adapted agricultural reforms acts passed by Indian parliament. It covers the economic attributes involved in agricultural marketing like supply-chain network, procurement, MSP, land holding capacity and corporatization of agriculture. Analysis of agricultural marketing in the light of contemporary agricultural and farming reform in the sector is the major objective of this work. It specially focuses on the Minimum Supporting Price (MSP) and its impact in agricultural marketing. Initially it started with the analysis of the nature of agricultural marketing in India that required incentive based contribution to farmers in the production, transportation and exchange of agricultural produce. The risk and vulnerability associated with agriculture as well as the larger need of foodstuff for larger populations. The arguments over the MSP awareness and its role as well as number of marginal, small and large scale farmers benefited by Minimum Supporting Price as well as the global capital involvement and potential fear of farmers associated with the farming are the important section of studies. In general the paper is based upon secondary sources. Census data, quantitative information from FCI and other government reports are utilized to analyze the economic discourse upon agriculture marketing issues in the context of Minimum supporting Price (MSP), Operational land holding size and Procurement.
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Asian Journal of Agricultural Extension, Economics & Sociology
Objectives: To study a two-decade economic analysis of Minimum Support Price (MSP) trends compared to the cost of production of major crops of India and understand the real impact of price policy formed by the Government of India. Methods: The period of the analysis is from 1999 to 2019 (20 years) and the data sources consulted are Cost of cultivation and Farm Harvest price from Directorate of economics and statistics, Minimum support price from Commission for Agricultural Costs and Prices (CACP) and Awareness report of farmers by Questioner based survey. Compound annual growth rate and percentage analysis are used as a statistical tool for this research. To access the impact, Tamil Nadu has been taken as the model state with two model crops Paddy and Cotton and its comparative analysis is done with reference states Punjab and Maharashtra for Cost of Cultivation components and Profitability. Findings: The finding of this research unravels that Wheat, Groundnut and Cotton are getting supported largely due to MSP policy, Paddy and Black gram are barely supportive as there is cutthroat competition between MSP and the Cost of Cultivation and sugarcane is not supported by MSP policy. The comparative and profitability analysis unravels how labour cost is the major cost in Tamil Nadu and paddy is profitable whereas cotton is not. Novelty: Therefore, this research depicts that MSP has been supporting the farming community on the policy end. But it's not working as a fundamental supporting system for the majority of farmers as it's not exercised by majority of farmers due to low awareness and inefficiency of the system.
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