Evaluation report on efficacy of Minimum Support Prices (MSP) on farmers

A vast majority of farmers in the country are aware of the minimum support price (MSP) for various agricultural crops, such as rice, wheat, pulses, coarse cereals and oilseeds, announced by the government annually, a study by Niti Aayog has stated. Eighty-one percent of the cultivators are aware of MSP fixed for different crops in various states while 67% of the farmers sold their produces through their own arrangements, a Niti Aayog study on evaluation of the efficacy of MSP on farmers had stated. The study took the period between 2007-8 and 2010 -11 as reference period.