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Agricultural Economist Ashok Gulati Opposes Legal Minimum Support Price

Prominent agricultural economist, Dr. Ashok Gulati, critiqued the concept of a legal minimum support price (MSP) during a recent TV interview. Arguing that such a move could lead to financial instability for the country, Gulati gave his insight into the potential impacts and risks associated with this policy decision. The economist expressed concern regarding the production and demand dynamics in agricultural markets and warned against potential consequences such as market inefficiency, fiscal instability, and even anti-farmer situations should a legal MSP be enforced. The conversation also touched on the issue of financial burdens on the national exchequer and the possible cost that a legal MSP guarantee might incur. Dr. Gulati proposed alternate solutions, such as a price stabilization fund and correcting market imbalances instead of implementing a legal MSP. This interview offers a deep dive into the much-debated topic of minimum support policies in agriculture, delivered from the perspective of an esteemed economist. #AshokGulati #AgriculturalEconomics #MinimumSupportPrice #MarketInstability #FiscalChaos #PriceStabilizationFund #rajdeepsardesai #newstoaday Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! WhatsApp Channel: https://whatsapp.com/channel/0029Va2A... Download App: https://indiatoday.link/wHaj Follow us: Official website: https://www.indiatoday.in/ Twitter:   / indiatoday   Facebook:   / indiatoday