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As oilseeds, pulses procurement is yet to start, over 9 lakh tonnes sold below MSP

in Business & economy
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The Indian government’s decision to approve procurement under the price support scheme at Minimum Support Prices (MSPs) a month ago has been a ray of hope for the country’s farmers. This move has been welcomed by the agricultural community as it provides them with a safety net and ensures that they receive fair prices for their produce.

The price support scheme was first introduced in 1966 to protect farmers from market fluctuations and to ensure that they are not forced to sell their crops at distress prices. Under this scheme, the government purchases crops from farmers at MSPs, which are announced by the government every year. This not only provides a guaranteed income to farmers but also stabilizes the market prices of agricultural commodities.

Despite the Centre’s approval of procurement under the price support scheme, the situation on the ground has not improved significantly. The main reason for this is the lack of awareness among farmers about the scheme and its benefits. Many farmers are still unaware of the MSPs and the government’s procurement process. This has resulted in them selling their crops at lower prices to middlemen, who then sell it at higher prices in the market.

Another major issue is the inadequate infrastructure for procurement and storage of crops. Due to this, the government is unable to procure the entire produce from farmers, leading to a surplus in the market and a decrease in prices. The lack of proper storage facilities also results in wastage of crops, which is a huge loss for the farmers.

Moreover, the implementation of the price support scheme varies from state to state. While some states have been successful in procuring crops at MSPs, others have struggled due to bureaucratic hurdles and lack of coordination between government agencies. This has created an unequal playing field for farmers across the country.

The situation is further compounded by the ongoing COVID-19 pandemic, which has disrupted the supply chain and affected the demand for agricultural products. The closure of markets and restrictions on transportation have made it difficult for farmers to sell their produce, resulting in losses for them.

However, despite these challenges, the government’s decision to approve procurement under the price support scheme at MSPs is a step in the right direction. It shows the government’s commitment to the welfare of farmers and their efforts to improve the agricultural sector. The scheme not only provides a safety net for farmers but also ensures food security for the country.

To make the price support scheme more effective, the government needs to take certain measures. Firstly, there is a need for greater awareness among farmers about the scheme and its benefits. The government should conduct awareness campaigns and provide information through various mediums to reach out to farmers in remote areas.

Secondly, there is a need for better infrastructure for procurement and storage of crops. The government should invest in building storage facilities and improving the transportation network to ensure timely procurement of crops. This will not only benefit farmers but also reduce wastage of crops and improve the overall efficiency of the agricultural sector.

Thirdly, there should be a uniform implementation of the price support scheme across all states. The government should work towards removing bureaucratic hurdles and improving coordination between different agencies to ensure that farmers in all states receive the same benefits.

In conclusion, the Centre’s approval of procurement under the price support scheme at MSPs is a positive step towards improving the condition of farmers in India. However, there is still a long way to go in making the scheme more effective and ensuring that farmers receive fair prices for their produce. The government must address the challenges and take necessary measures to make the price support scheme a success and bring about a positive change in the lives of farmers.

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