Legalizing MSP: Issues and Challenges - By Chronicle Editorial Team

Legalizing MSP will require exorbitant fiscal cost. At the same time, the absence of policy space in the WTO on Agriculture to implement a food security program is a major source of concern for India and other developing countries.

The protest against the three controversial farm laws - Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020; Farmers (Empowerment and Protection) Agreement of Price Assurance, Farm Services Act, 2020; and the Essential Commodities (Amendment) Act, 2020) - has been called off by the farmer unions once these were repealed. The government has agreed to the unions' demand for the establishment ....

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