Perception, reality, and optimality: The MSP composite in relation to the farm acts

Agriculture in India needs to get the markets right, in the first place. Only then can the raising of farmers’ incomes to a reasonable level become a reality. Across space or over time, farmers should be able to trade freely with certainty. If MSP were a panacea, we would not be having any conversation, in the first place, about doubling farmers’ income more than five decades on!