October 10, 2025 5:10 PM

How India’s MSP policy is transforming farm incomes and agricultural growth

India’s agricultural sector, which supports nearly half the population, is shaped by both the promise of seasonal harvests and the perils of unpredictability. Unseasonal rains, droughts, floods, and price fluctuations continue to pose serious threats to farmers’ incomes. For millions of small and marginal farmers, whose livelihoods depend entirely on crop outcomes, these risks can translate into debt, distress sales, or even withdrawal from agriculture altogether. The Minimum Support Price ...