Would the new farm legislation harm farmer interest, end the MSP-based procurement regime and benefit corporates? Or, would these give farmers freedom to trade across states, double their income, bring prosperity? The jury is out.
Sanjiv Kumar Chadha, Managing Director, National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) in a conversation with Outlook Poshan’s Charupadma Pati, talks about how government schemes over the last five years has incentivized farmers to improve pulses production in the country and enabled more people to consume protein-rich diet
The MSP has been increased according to the recommendations of farm advisory body CACP and is in line with the government's announcement to provide farmers a 50 per cent profit over the cost of production.