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
DOI	https://doi.org/10.36948/ijfmr.2023.v05i06.9375

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