Msp Committee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Minimum Support Price (MSP) committee is expected to recommend that futures trading for agri-commodities should not be allowed below the MSP. The committee believes this will encourage more farmers to participate in trading platforms. Additionally, the committee may suggest smaller lot sizes for trading contracts. The committee also wants exchanges to collaborate with Primary Agricultural Credit Societies (PACS) to hedge trading risks and make it easier for farmers to benefit from trading.

The committee on Minimum Support Price (MSP) formed four sub-groups on mandated topics, including making "MSP more effective and transparent" in its first meeting on Monday but Samyukta Kisan Morcha (SKM) remained absent.

The committee on Minimum Support Price (MSP) is scheduled to hold its first meeting on August 22 to discuss future strategies, according to official sources.

All India Kisan Congress Chairman, Sukhpal Singh Khaira said the committee is “a farcical attempt that trivialises the serious issues concerning the agrarian crisis in the country”. 

Farm leaders from Punjab and Haryana have expressed apprehension over the Centre's committee on minimum support price and said "it's a formality that has been done". They alleged that the Centre will bring farm laws through backdoors.