Extension of Minimum

The Planning Commission, Government of India awarded IRADe the research project to study the implications of extending the Minimum Support Price (MSP) to more states. After the analysis of implication on the welfare of producers and consumers in Madhya Pradesh and Uttar Pradesh, it was recommended that MSP could be extended in many states, because, more states are growing rice and wheat than earlier. There are national gains in reduction in transport of grains and more equitable benefit of government policies.