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Kharif MSP hike to cost Centre Rs 33,500 crore more -Vishwa Mohan and Dipak K Dash

-The Times of India NEW DELHI: Moving to fulfil its budget promise and address political heat over farmer discontent, the government is set to announce a new minimum support price (MSP) regime that will provide farmers a profit margin of 50% over cost of production. The additional bill is likely to be around Rs 33,500 crore. The new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy...

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The Age of Surplus -Harish Damodaran

-The Indian Express We have, indeed, entered a regime of “permanent surpluses” in most crops — a reality our policymakers are unable to grasp, stuck as they are in the era of the Essential Commodities Act. If there is one thing that has changed in Indian agriculture in recent times, it is supply response — the ability of farmers to increase production when prices go up. Traditionally, the supply curve in most...

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Dealing with the residue -Ajay Vir Jakhar

-The Indian Express Curbing stubble burning is about inducing behavioural changes in farmers. Given that crop residue burning has an environmental footprint and poses health hazards, one needs to be cautious while evaluating the Centre’s policy to mitigate the crisis. But there is also an urgent need for such an evaluation. The Centre has allocated Rs 1,050 crore to the states where crop residue burning poses a pollution hazard. The Union Ministry...

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MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra

-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...

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Is the government marketing millets right? -Ranjit K Sahu, Ravi Shankar Behera, Bidyut Mohanty & Sibabrata Choudhury

-Down to Earth India requires policy changes to make millets an effective tool against malnutrition Nutrient-rich millets, which have been a crucial part of human diet since ancient times, have lost their importance due to globally commercialised agronomic practices to produce more foodgrains. Though awareness has been growing among the public in the recent years about the health benefits of a millet-based diet—high fibre, low carbohydrate, protein-rich and gluten-free—gaps persist on several...

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