Also, 76 per cent of farmers surveyed prefer to do some other work rather than farming, while 60 per cent of them want their children to migrate to cities, the Centre for the Study of Developing Societies (CSDS) said in a survey that covered over 5,000 farmer households in 18 states.
The CSDS study, conducted on behalf of farmers body Bharat Krishak Samaj (BKS), said: "Approximately, 85 per cent of farmers have heard about MGNREGA. ...Approximately 62 per cent were not aware about the MSP."
It was in 1966, the government first announced the MSP for wheat to safeguard the interest of farmers. Since then, the MSP regime has been expanded to 25 crops.
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was enacted recently in 2005 with the objective of guaranteeing 100 days of work in rural areas.
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The study also said that most farmers are unaware of agri-schemes such as Rashtriya Krishi Vikas Yojana (RKVY), National Food Security Mission, National Agricutlure Insurance Scheme, Gramin Beej Yojana, Kisan Credit Card and loan waiver scheme among others.
The study also said that only 27 per cent of them have heard about the land acquisition law and most of them felt that they would stand to lose from this law.
Also, 83 per cent of farmers have not heard about foreign direct investment (FDI). Among those who have heard of it, 51 per cent were against allowing FDI in agriculture.
Contrary to general perception, the study said not many farmers are worried about repayment of loans.
On status of farmers, the study said around 47 per cent of them felt that the overall condition in the country is bad. Most of them blamed both Centre and state governments for their problems.