Often cited as responsible for many of agriculture's maladies, Minimum Support Price (MSP) policy can also provide their remedies. Analyse the statement with special reference to issues related to mono-cropping and climate change.
Main Body
Minimum Support Price refers to the price that government offers when price of an agricultural commodity falls below a certain level. MSP related issues: (1) Promotes mono-cropping : rice, wheat once procured by government have led farmers to ignore other crops and grow them. (2) Accelerating climate change a Paddy cultivation - a major source of methane, a greenhouse gas b Shift from millets to rice, wheat system
Conclusion
is making east vulnerable to climatic change and bad cost failures. (3) Leading to chain of negative effect : Rite cultivation - 1 kg of rice requires 3000-5000 litres of water for production and groundwater depletion. (4) Distort market for agricultural goods. MSP itself provides solution: (1) Expanding MSP coverage to other crops (Ashok Dalwai Committee) (2) Giving MSP for millets will promote globalizing of climate-resilient crops. (3) Other ways to promote investment in agriculture a Deal with the organizing farmers into FPOs Adly an organized, well-thought-out strategy can help in achieving vision of doubling farmer income.
97 words
ANUPRIYA RAI
Agriculture and Food Security
Direct and Indirect Farm Subsidies and MSP
Minimum Support Price, mono-cropping, and climate change
165
Total words
1
Paragraphs
analytical
Tone