How many agricultural households are aware of MSP?

Even as farmers agitating towards farm legal guidelines have been demanding guaranteed Bare minimum Support Price tag (MSP), the greater part of agricultural households in India are not even knowledgeable of the MSP concept, and the percentage of output marketed by households beneath the MSP vary concerning to 24.seven per cent (apart from sugarcane). Paddy and wheat expanding households dominate the charts of MSP awareness and output marketed beneath the MSP.

Curiously, not even fifty per cent of households expanding a variety of crops for sale are knowledgeable of procurement organizations.

Scenario Assessment of Agricultural Homes and Land and Holdings of Homes in Rural India – 2019 (Countrywide Sample Study – NSS 77th spherical) unveiled the MSP awareness data. About forty.seven % of paddy expanding households are knowledgeable of MSP (July- December 2018) and 52.eight per cent paddy expanding households noted awareness about MSP concerning January- June 2019. About 39.eight per cent sugarcane expanding households, followed by 31.seven per cent bajra expanding households, 30.seven per cent cotton grower households and 28.three per cent soybean expanding households noted awareness about MSP (July –December 2018).

In between January 2019-June 2019 in excess of fifty per cent of sugarcane expanding households noted awareness about MSP. About forty one.two per cent of arhar expanding households, 39.two rapeseed grower households and 37.1 per cent of wheat grower households noted awareness about MSP.

Procurement organizations

The percentage of households that noted awareness about procurement organizations beneath MSP vary concerning three.1 to forty.three per cent (apart from sugarcane). Paddy expanding households leading the chart when it comes to the optimum percentage of output marketed beneath MSP.

The Shanta Kumar Committee report, produced in 2015 asserted that only six per cent of all farmers benefited from MSP through the sale of food stuff grains to an formal procurement agency, according to data of the NSS seventieth spherical.

The authorities of India announces Bare minimum Support Prices (MSP) for 22 big agricultural commodities of Truthful Regular Top quality (FAQ) every calendar year in both the crop seasons following taking into account the recommendations of the Fee for Agricultural Fees and Prices (CACP). The procurement at MSP is carried out by the Union and Point out Organizations beneath a variety of schemes of the authorities.

Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar instructed the Lok Sabha in July this month that MSP plan has very little to do with new farm legal guidelines. Farmers are free to promote their make to the authorities procurement organizations at MSP or Agricultural Create Market Committee (APMC) marketplaces or through deal farming or in the open up current market, whichever is useful to them.