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It Needs More Than MSP To Revitalize Agriculture!

In a televised address on 19 November 2021, Prime Minister Modi announced repealing of the three contentious farm laws, an issue that divided the nation for year long. Despite the government's commitment farmers are digging in their tents to brace for the coming winter months and to continue to sit in protest to get their remaining six demands fulfilled, including, most importantly, a statutory backing for the Minimum Support Price (MSP). The tug-of-war continues but unlike the repeal of farm laws, legalising MSP will not be so easy. What is MSP and why are farmers demanding a law backing it?The history of MSP can be traced in the rationing system introduced by the British during the second world war. But it was in independent India, that it became a tool to address the issue of food...

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