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Context: The recently enacted law that dismantles the monopoly of APMC (agricultural produce market committee) mandis, thereby allowing sale and purchase of crops outside these state government-regulated market yards, may not have faced serious farmer opposition had it included a provision safeguarding the continuance of the existing minimum support price (MSP)-based procurement regime.
What does the law say about MSP?
What is the basis of MSP then?
Has there been any move to give MSP legislative backing?
https://indianexpress.com/article/explained/what-is-the-basis-of-msp-6609668/
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