Legal Guarantee for Minimum Support Price (MSP) Raises Fiscal Disaster Concerns


Legal Guarantee for Minimum Support Price (MSP) Raises Fiscal Disaster Concerns

 

The proposal for a legal guarantee for Minimum Support Price (MSP) raises concerns about fiscal disaster, cautioning experts. While ensuring farmers receive fair prices, experts warn of potential economic repercussions. They argue that implementing such a guarantee without comprehensive financial planning could strain government resources and exacerbate fiscal deficits. The proposal prompts a call for careful evaluation and consideration of its long-term implications on the economy and agricultural sector.

 

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