https://www.taxtmi.com/article/detailed?id=12369 The article argues that a statutory Minimum Support Price guarantee is impracticable because government procurement covers only a small share of production, large-scale procurement would impose storage, fiscal and disposal problems, and criminalising sub-MSP transactions would create grey markets, depress net prices for distressed sellers, and enable harassment. Instead, it advocates targeted support based on area, crop and location of cultivation verified by geo-tagging, combined with expanded crop insurance, removal of input subsidies in favour of direct area-based payments, and promotion of agro-processing to stabilise farmer incomes. en-us Tue, 27 Feb 2024 12:42:14 +0530 Tue, 27 Feb 2024 12:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12369 The article argues that a statutory Minimum Support Price guarantee is impracticable because government procurement covers only a small share of production, large-scale procurement would impose storage, fiscal and disposal problems, and criminalising sub-MSP transactions would create grey markets, depress net prices for distressed sellers, and enable harassment. Instead, it advocates targeted support based on area, crop and location of cultivation verified by geo-tagging, combined with expanded crop insurance, removal of input subsidies in favour of direct area-based payments, and promotion of agro-processing to stabilise farmer incomes. Articles Other Topics Tue, 27 Feb 2024 12:42:14 +0530 https://www.taxtmi.com/article/detailed?id=12369