Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Perils of over promising -Ashok Gulati    </title>
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-The Indian Express

Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. 

It is a season of promising freebies to lure voters. The Congress leads in making these promises. The..."/>
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-The Indian Express

Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. 

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                            <div align="justify">-The Indian Express<br /><br /><em>Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. <br /></em><br />It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers&rsquo; loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal. This is a 43 per cent raise over the already increased MSP of paddy. In Madhya Pradesh, the party has promised to waive loans up to Rs 2 lakh, MSPs as per the M S Swaminathan formula, a pension of Rs 1,000 per month to marginal farmers above the age of 60 and Rs 51,000 to small holders for their daughters to be married.<br /><br />When a political party is out of power, it can promise the moon, but when in office, it delays fulfillng its own promises because they are often not in sync with budget realities or any rational long-term vision for the farm sector. The BJP has not been better. It promised to waive farmers&rsquo; loans in Uttar Pradesh when it was not in power. In fact, the prime minister promised that the first meeting of the UP cabinet would announce a loan waiver if the BJP were to be voted to power. This seemed to have worked. The Congress seems to have quickly learnt these tricks and is now promising loan waivers in almost all the major states in which polls are due.<br /><br />If the electioneering in Chhattisgarh and Madhya Pradesh is any indication of things to come, next year&rsquo;s parliamentary election could see political parties promising to waive farmers&rsquo; loans in other states, hike MSPs and give pensions to aged farmers. All this could cost the exchequer anything between Rs 2 to 3 lakh crore. The Congress often asserts that if the NDA government can &ldquo;waive&rdquo; Rs 2 lakh crore for a few industrialists in the name of &ldquo;restructuring their NPAs&rdquo;, what is the harm in waiving the loans of millions of farmers.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" title="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" class="re" target="_blank">The Indian Express, 26 November, 2018, https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/</a><div class="clear"></div>
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Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. 

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    <h1 class="cat-box-title">Perils of over promising -Ashok Gulati</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. <br /></em><br />It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers&rsquo; loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal. This is a 43 per cent raise over the already increased MSP of paddy. In Madhya Pradesh, the party has promised to waive loans up to Rs 2 lakh, MSPs as per the M S Swaminathan formula, a pension of Rs 1,000 per month to marginal farmers above the age of 60 and Rs 51,000 to small holders for their daughters to be married.<br /><br />When a political party is out of power, it can promise the moon, but when in office, it delays fulfillng its own promises because they are often not in sync with budget realities or any rational long-term vision for the farm sector. The BJP has not been better. It promised to waive farmers&rsquo; loans in Uttar Pradesh when it was not in power. In fact, the prime minister promised that the first meeting of the UP cabinet would announce a loan waiver if the BJP were to be voted to power. This seemed to have worked. The Congress seems to have quickly learnt these tricks and is now promising loan waivers in almost all the major states in which polls are due.<br /><br />If the electioneering in Chhattisgarh and Madhya Pradesh is any indication of things to come, next year&rsquo;s parliamentary election could see political parties promising to waive farmers&rsquo; loans in other states, hike MSPs and give pensions to aged farmers. All this could cost the exchequer anything between Rs 2 to 3 lakh crore. The Congress often asserts that if the NDA government can &ldquo;waive&rdquo; Rs 2 lakh crore for a few industrialists in the name of &ldquo;restructuring their NPAs&rdquo;, what is the harm in waiving the loans of millions of farmers.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" title="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" class="re" target="_blank">The Indian Express, 26 November, 2018, https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Perils of over promising -Ashok Gulati    </title>
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Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. 

It is a season of promising freebies to lure voters. The Congress leads in making these promises. The..."/>
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Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. 

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                            <div align="justify">-The Indian Express<br /><br /><em>Manifesto pledges to raise farmers&rsquo; incomes and increase MSPs take away focus from the structural reforms that are urgently required. <br /></em><br />It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers&rsquo; loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal. This is a 43 per cent raise over the already increased MSP of paddy. In Madhya Pradesh, the party has promised to waive loans up to Rs 2 lakh, MSPs as per the M S Swaminathan formula, a pension of Rs 1,000 per month to marginal farmers above the age of 60 and Rs 51,000 to small holders for their daughters to be married.<br /><br />When a political party is out of power, it can promise the moon, but when in office, it delays fulfillng its own promises because they are often not in sync with budget realities or any rational long-term vision for the farm sector. The BJP has not been better. It promised to waive farmers&rsquo; loans in Uttar Pradesh when it was not in power. In fact, the prime minister promised that the first meeting of the UP cabinet would announce a loan waiver if the BJP were to be voted to power. This seemed to have worked. The Congress seems to have quickly learnt these tricks and is now promising loan waivers in almost all the major states in which polls are due.<br /><br />If the electioneering in Chhattisgarh and Madhya Pradesh is any indication of things to come, next year&rsquo;s parliamentary election could see political parties promising to waive farmers&rsquo; loans in other states, hike MSPs and give pensions to aged farmers. All this could cost the exchequer anything between Rs 2 to 3 lakh crore. The Congress often asserts that if the NDA government can &ldquo;waive&rdquo; Rs 2 lakh crore for a few industrialists in the name of &ldquo;restructuring their NPAs&rdquo;, what is the harm in waiving the loans of millions of farmers.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" title="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/" class="re" target="_blank">The Indian Express, 26 November, 2018, https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/</a><div class="clear"></div>
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Home हिन्दी

Perils of over promising -Ashok Gulati

Published on Nov 26, 2018   Modified on Nov 26, 2018

-The Indian Express Manifesto pledges to raise farmers’ incomes and increase MSPs take away focus from the structural reforms that are urgently required. It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers’ loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal. This is a 43 per cent raise over the already increased MSP of paddy. In Madhya Pradesh, the party has promised to waive loans up to Rs 2 lakh, MSPs as per the M S Swaminathan formula, a pension of Rs 1,000 per month to marginal farmers above the age of 60 and Rs 51,000 to small holders for their daughters to be married. When a political party is out of power, it can promise the moon, but when in office, it delays fulfillng its own promises because they are often not in sync with budget realities or any rational long-term vision for the farm sector. The BJP has not been better. It promised to waive farmers’ loans in Uttar Pradesh when it was not in power. In fact, the prime minister promised that the first meeting of the UP cabinet would announce a loan waiver if the BJP were to be voted to power. This seemed to have worked. The Congress seems to have quickly learnt these tricks and is now promising loan waivers in almost all the major states in which polls are due. If the electioneering in Chhattisgarh and Madhya Pradesh is any indication of things to come, next year’s parliamentary election could see political parties promising to waive farmers’ loans in other states, hike MSPs and give pensions to aged farmers. All this could cost the exchequer anything between Rs 2 to 3 lakh crore. The Congress often asserts that if the NDA government can “waive” Rs 2 lakh crore for a few industrialists in the name of “restructuring their NPAs”, what is the harm in waiving the loans of millions of farmers. Please click here to read more.

The Indian Express, 26 November, 2018, https://indianexpress.com/article/opinion/columns/minimum-support-prices-msp-food-production-economy-5464096/

Tagged with: Debt Burden Debt Relief Loan Waiver minimum support price Minimum Support Prices

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