It could be fairly inferred that the present MSP/assured cost system covers 25 million-plus farmers across all crops, including pulses and oilseeds. The real quantity could be ranging from 15 percent and 25 percent.
вЂњOnly 6% of Indian farmers reap the benefits of minimal support rates (MSP)вЂќ. Therefore widely-quoted is this figure вЂ” particularly within the context of this recently-passed FarmersвЂ™ Produce Trade and Commerce (Promotion and Facilitation) Act вЂ” so it is actually a factoid if not truism.
What exactly is, is not counted
The obvious supply of the 6% figure could be the Shanta Kumar-headed High amount Committee on Restructuring of Food Corporation of Asia (FCI). Its report, submitted in January 2015, had noted that just 5.21 million of this countryвЂ™s total calculated 90.20 million households that are agricultural 2012-13 had offered paddy and wheat to your federal federal government procurement agency.