Explained: What is MSP and why are farmers protesting
THEY ARE PROTESTING AGAINST THE DEMAND FROM GOVERMENT ON MSP FOR CROP PROTESTING. * WHY FARMERS ARE PROTESTING? After the announcement of the interim budget, the farmers have been triggered and are protesting against the government with their demands for a guaranteed MSP(The cost at which the government purchases crops from farmers) and for waivers of debts. They want the MSP to be fixed at 50% higher than the cost of production of any crop. Compensation for the farmers who died during the 2020-2021 protests. Waiver of debts. To push the government to address their issue, thousands of farmers are marching in tractors and trucks towards Delhi to get the government to meet their demands. On Tuesday, 12th February, Delhi police fired tear gas to prevent the farmers from entering Delhi, which is currently a fortress, reviving the memories of the protest that took place two years ago and lasted for 16 months. * WHAT IS MSP? The MSP is a...