Only 15% paddy, 9.6% wheat farmers benefit from MSP system, says paper

However, the MSP system also gives farmers a 23.2 per cent income bump from paddy and 9.6 per cent more income from wheat cultivation

As the Union government and a section of farmers sit for another round of negotiations over the next few days to discuss demands that include legally-guaranteed minimum support price (MSP), a recent paper by a state-run institute says that though MSPs lead to higher incomes and yields, only 15 percent of paddy farmers and just 9.6 percent of wheat farmers have benefited from the MSP-based procurement system.

 

Additionally, paddy farmers are able to sell around 24 per cent of their marketable surplus at the benchmark rate; for wheat farmers, that number is 21 per cent. More worryingly, the bulk of