There is a farmers' movement going on, which every party wants to take advantage of in view of the Lok Sabha elections. Meanwhile, Rahul Gandhi also jumped in and promised to give MSP to the farmers if they win the elections. But is giving MSP really beneficial for India? Let us know! See, MSP means minimum support price! That is, the government fixes a fixed rate for the farmers' crops. Due to which the farmers get the guarantee that their crops will get the minimum price equal to the MSP. But the traders who buy grains do not support the MSP, due to which every time the government Only he has to buy grains from the farmers! But many economists say that implementing MSP is not sustainable. Because if the government buys the crops of lakhs of farmers of the country and gives them the same price as MSP, then where will it store so much grain and where will it get so much money to buy grains! In such a situation, Madhya Pradesh and Haryana governments found a middle path for MSP. Which is called PDP! PDP means price deficiency payment! That is, the government gives that much money to the farmers after selling the grains, the difference between the market price received by the farmers and the government's MSP.
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