The Centre will carefully evaluate all the pros and cons of the three procurement models suggested by the NITI Aayog and others to ensure procurement under the minimum support price (MSP) before finalising their contours, senior officials said.
It might commission a study to analyse the effectiveness and problems in Madhya Pradesh’s (MP’s) Bhavantar Bhugtan Yojana (price deficiency payment scheme), one of the models being talked about as an alternative to direct procurement of commodities whose prices have fallen below the fixed MSP.
The study could be done by one of the established think tanks in the country.
Under the Bhavantar Bhugtan Yojana,