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India recommends legally binding minimum support prices for farmers to boost financial stability and curb suicides.
A parliamentary panel in India has recommended implementing a legally binding minimum support price (MSP) for farmers, arguing it could reduce suicides and improve financial stability.
The panel also suggested doubling annual payouts under the PM-Kisan scheme to Rs 12,000, waiving farmers' and laborers' debts, and setting up a commission for minimum living wages for farm laborers.
The panel aims to enhance national food security and address ongoing farmer protests demanding MSP guarantees.
4 months ago
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