Price volatility and food security: Prof M S Swaminathan

Our farmers have responded beautifully to the call that they must help the country in producing more pulses and oilseeds. However, as recent reports say, such farmers are in distress since most kharif crops do not get the minimum support price. I have often said that the monsoon and the market are the major determinants of the farmers’ wellbeing.  It is sad that both are unfavourable to farmers. Assured and remunerative marketing is the pathway for enhanced agriculture production and productivity. Therefore this matter requires serious attention on the lines suggested by the National Commission on Farmers. The minimum support price should be C2 plus 50% and there should be a mechanism for procurement, storage and distribution. Policies for agriculture should be based on four pillars, viz., conservation, cultivation, consumption and commerce.

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