Comments by "M Shastri" (@libshastra) on "‘MSP is wrong instrument to raise farmers’ income, contract farming would be better: Dr Ashok Gulati" video.

Fulfilling MSP will kill India's remaining industry completely. Just look at Punjab, until the late 2000s Punjab used to have really competitive industries. Punjab used to be the Shenzhen of Sporting equipment. They are all gone since the burden of MSP and endless demands for free electricity and loan waivers was placed on Punjab's industry. A similar fate awaits rest of India if we let farmers get their way.
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@AmalTan I disagree. I think Modi has handled internal issues better than previous Govts. However with the current protests, Jury is still out there but this protest seems to be limited to Punjabi Jatts and they've been unable to solicit support from Canadian Punjabis and Khalistanis. I think the actions of Unknown person are providing dividends.
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@svanimation8969 that's how the current system works. The issue is you can't sell across State lines. So if Punjab overproduces wheat, it can't sell it to other States directly. It has to sell it thru the Mandi system. If the Mandi is full, you're taking 100% of the loss even if MSP was increased by 300% This is exactly what happens every harvest season. While farmers from other States make money selling excess produce to other states, private player and food processing industries, farmers in Punjab are forced to let their produce rot because their Mandis are full.
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@CR-bi9ug Socialism is cancer.
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