(a) whether the benefits of Minimum Support Price (MSP) provided by the Government to the farmers actually benefits only 6% of the farmers in the entire country; and
(b) if so, whether the Government is considering to enhance the quantum of the products/crops purchased/procured at the Minimum Support Price by the Government to the maximum possible limit so that larger number of farmers benefit out of it?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE
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(a) & (b): No Madam, under the present procurement mechanism, Government agencies procure the notified agricultural produce of Fair Average Quality (FAQ) at Minimum Support Price (MSP) directly from farmers in consultation with the concerned State Government as and when market price of these produce fall below the MSP, as per prescribed guidelines. However, if farmers gets better price in comparison to MSP, they are free to sell their produce in open market.
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