Should legal guarantee for Minimum Support Price (MSP) be provided to farmers in India How could it impact GDP growth
Legal guarantee for MSP will make farmers drivers of GDP growth: Rahul Gandhi
- Providing a legal guarantee for Minimum Support Price (MSP) to farmers in India can lead to increased income and stability for farmers.
- This can result in higher agricultural output and productivity, contributing to overall GDP growth.
- By empowering farmers with assured prices for their produce, it can incentivize investments in agriculture and improve the standard of living in rural areas.
- Strengthening the agricultural sector can have a multiplier effect on the economy as it supports various industries like agri-processing, logistics, and retail.
- Overall, making farmers the drivers of GDP growth can lead to a more sustainable and inclusive economic development model.
Answered
a year ago