Gwalior: Rahul Gandhi, addressing his supporters in Gwalior, Madhya Pradesh, drew a puzzling analogy between the Minimum Support Price (MSP) set for crops and the Maximum Retail Price (MRP) assigned to commodities like FMCG products. He resumed his Yatra from Madhya Pradesh after attending a private event at the Jesus College of the University of Cambridge. Gandhi voiced his support for farmers demanding the legalization of MSP, likening it to the MRP enforced on shopkeepers, arguing that just as retailers cannot sell goods below the designated MRP, farmers should have a similar assurance with MSP.
However, it is essential to note that MSP and MRP are distinct benchmarks, and contrary to Rahul Gandhi's assertion, retailers are not legally prohibited from selling commodities below the MRP. In practice, retailers often offer discounts to boost sales, underselling products below the MRP rate. This misrepresentation of the equivalence between MSP and MRP has been previously perpetuated by leftist circles to advocate for MSP.
Several netizens criticized Rahul Gandhi for his flawed comparison between MSP and MRP, highlighting the disparity between the two. The Central Government determines MSP for crops based on production costs, ensuring farmers receive a fair price for their produce. On the other hand, MRP is a regulation imposed on consumer goods, indicating the maximum price at which products can be sold, set by manufacturers to protect consumers from overpricing.
While farmers advocate for MSP as a legal entitlement, retailers abide by MRP regulations to prevent overcharging consumers. The comparison between MSP and MRP is fundamentally flawed, akin to comparing apples and oranges, as they serve different purposes and operate within distinct contexts.
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