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Question

The government introduced the Farm Bills in 2020. The farmers were agitated since there was no mention of the Minimum Support Price (MSP) in the bills. Why were farmers concerned with the absence of MSP?

A
The absence of MSP gives the corporates a chance to exploit.
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B
Farmers have to pay a minimum price for selling their produce.
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C
MSP helps farmers secure opportunities to export.
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D
Farmers need to be assured MSP for a guaranteed income.
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Solution

The correct option is D Farmers need to be assured MSP for a guaranteed income.
Since there is no mention of the Minimum Support Price in the farm laws, the farmers were concerned for several reasons. Though the bills allow farmers to sell their crops to any entity, the farmers are more likely to get exploited in the absence of MSP. And since the MSP is an important aspect for boosting and assuring the farmers' income, the farmers demand a written law for MSP.

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