What are the reasons behind the collapse of talks between farmers and the Centre on guaranteed MSPs

The collapse of talks between farmers and the Centre on guaranteed Minimum Support Prices (MSPs) can be attributed to various reasons: 1. Lack of consensus: The negotiations failed due to a lack of agreement between the farmers' representatives and the government regarding the implementation of guaranteed MSPs. The farmers demanded a legal guarantee of MSPs, while the government proposed amendments to existing agricultural laws instead. 2. Differences over MSP calculation: The farmers insisted on applying the Swaminathan Commission's formula, which recommends fixing MSPs at 50% above the cost of production. However, the government preferred its own formula, which takes into account a broader range of factors. 3. Concerns about dilution of MSP system: Farmers were apprehensive that the government's proposed agricultural reforms, such as the new farm laws, might lead to the dilution or eventual dismantling of the MSP system, leaving them vulnerable to market fluctuations. 4. Lack of trust: Farmers expressed a lack of faith in the government's intentions and doubted its commitment to addressing their concerns adequately. This lack of trust contributed to the breakdown of negotiations. As a result of the failed talks, farmers are likely to initiate a march in Delhi to make their demands more visible and put pressure on the government to meet their expectations.