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Paddy farmers face ₹3.07 lakh crore loss; Samyukta Kisan Morcha calls nationwide protests

Samyukta Kisan Morcha (SKM) has announced nationwide protests demanding a legal guarantee for Minimum Support Price (MSP) based on the C2+50% formula for paddy and other major crops. The farmers' body claims paddy farmers face a loss of ₹3.07 lakh crore and demands the Union government legally guarantee the ₹3,243 MSP for paddy for the 2026-27 season and ensure procurement. This development is significant for exams as it relates to agricultural policy, MSP calculation methodology (C2+50%), farmer protests, and government procurement mechanisms — all recurring topics in UPSC, SSC, Banking, and State PSC exams.

Source: The Hindu. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.

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Key points

Exam-ready takeaways

Samyukta Kisan Morcha (SKM) announces nationwide protests for legal guarantee of MSP based on C2+50% formula

Paddy farmers reportedly face ₹3.07 lakh crore loss according to SKM estimates

SKM demands legal guarantee of ₹3,243 per quintal MSP for paddy for 2026-27 marketing season

Protests seek assured government procurement of paddy and other major crops at MSP

C2+50% formula refers to comprehensive cost (C2) plus 50% margin as recommended by Swaminathan Commission

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