Minimum Support Prices Just thoughts random
Minimum support price is feasible . SS Johl himself criticised when NCF( Swaminathan Commission ) suggested over and above 50% after all costs factored in. However, we have to see the state finances also. Punjab is now a bankrupt state fiscally. Hence, a practical and feasible alternative is best solution. MP’s Bhawantar Scheme is a good blend of state and market - driven solution.The traders will be there. But you should have your own regulatory system. Give it a fair trial - do it in a few states and then conclude. There is one option - Bhawantar Scheme. It may not be the best. But it would be good if you tighten the traders which is possible unless the Govt is aligned with them for obvious reasons.
The Bhawantar Scheme of MP is a good blend of state and market - driven solution.
The traders did game the system and caused problems and concerns in the Bhavantar scheme. The price points are also a concern.
But the traders will be there. It’s our model. But we should have our own regulatory system. We must introduce this or any other mode and give it a fair trial - it can be initiated in a few states and then conclusions made after consistent monitoring and evaluation. My thought is there is this one option - Bhawantar Scheme. As referred to, it may not be the best. But it would be better if we effectively regulate the traders and commission agents who play up emotions,this is certainly possible unless the Govt and political figures are not sold out to them. Or give in to pressure.
The other aspect is regulation to ensure reduction in monopolies and cartelisation. And an effective local level dispute resolution. These will come if we open up the markets
markets #agriculture
Plus an individual focused digital managed insurance scheme for crops
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