There is empirical evidence to show that a well-functioning procurement system has positively affected returns to farmers.
Image: Ajay Verma / Reuters
Farmers' protests have again hit the national headlines. The past few days have seen farmer protests, even marked by a few unfortunate incidents. A primary demand of the protesting farmers is a legal guarantee of Minimum Support Price (MSP) for their crops.
[This article has been published with permission from IIM Bangalore. www.iimb.ac.in Views expressed are personal.]