International Journal For Multidisciplinary Research

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Assessing the Socioeconomic Impact of Minimum Support Price and e-NAM on Smallholder Farmers in Haryana

Author(s) ANKUSH WADHWA, DR.SANJAY NANDAL
Country INDIA
Abstract Implementation of Minimum Support Price (MSP) and the Electronic National Agriculture Market (e-NAM) has had a substantial impact on India's agricultural landscape, particularly in the state of Haryana. This research paper examines the socioeconomic impact of MSP and e-NAM on smallholder farmers in Haryana. Through a combination of quantitative and qualitative methods, the study assesses the influence of these policies on farmers' income, market access, and crop choices. This research also seeks to contribute to the understanding of their implications for the economic well-being, agricultural productivity, and overall livelihoods of smallholder farmers by examining the historical context, current implementation, and outcomes of these policies. The findings indicate that while MSP has positively affected farmers' income, e-NAM has improved market access, and both policies have contributed to crop diversification. However, the paper also highlights the challenges faced by smallholder farmers in leveraging these policies effectively. This research provides valuable insights for policymakers and stakeholders aiming to enhance the welfare of smallholder farmers in Haryana.
Field Sociology > Banking / Finance
Published In Volume 5, Issue 6, November-December 2023
Published On 2023-11-25
Cite This Assessing the Socioeconomic Impact of Minimum Support Price and e-NAM on Smallholder Farmers in Haryana - ANKUSH WADHWA, DR.SANJAY NANDAL - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.9375
DOI https://doi.org/10.36948/ijfmr.2023.v05i06.9375
Short DOI https://doi.org/gs63vs
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