The Maximum Support Price (MSP) regime was the creation of the era of scarcity of the food grain and over-reliance on it in the time of surplus production could prove counterproductive. Comment. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/farm-bills-2020-india-farmers-msp-price-coronavirus-modi-govt-6721272/ In the intro, briefly mention what MSP is. In the body mention how MSP has been beneficial in the time of scarcity and it could be helpful now for the crops we import. However, its continuance for the crops like wheat and paddy could be inefficient and make the agriculture uncompetitive and … Continue reading The Maximum Support Price (MSP) regime was the creation of the era of scarcity of the food grain and over-reliance on it in the time of surplus production could prove counterproductive. Comment. 10 marks