-The Hindu Business Line India is heading for a record production of rice, the main cereal crop in 2018-19, despite a dismal performance of the monsoon. The Agriculture Ministry’s second advance estimates has pegged the rice production at a record 115.60 million tonnes, about 2.38 per cent higher than the latest or fourth advance estimates for 2017-18. The bumper production is on account of substantial increase in production during the kharif season,...
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Smart farming in a warm world -Feroze Varun Gandhi
-The Hindu Investment and policy reform are needed on priority to help farmers cope with climate change Over the last decade, many of Bundelkhand’s villages have faced significant depopulation. Famous of late for farmer protests, the region, which occupies parts of Uttar Pradesh and Madhya Pradesh, has been adversely impacted by climate change. It was once blessed with over 800-900 mm rainfall annually, but over the last seven years, it has seen...
More »Grain populism: As polls near, states embark on aggressive paddy procurement -Harish Damodaran
-The Indian Express Chhattisgarh, Bengal and UP emerge frontrunners in extending MSP-plus support to farmers Call it the impact of the ensuing national elections: Governmental procurement of rice, the country’s largest crop by planted area, looks set to surpass 40 million tonnes (mt) for the time ever in the current marketing year that runs from October to September. That would work out to more than a third of the total projected...
More »Rythu Bandhu scheme: Is RBS a panacea to loan waivers? -Kushankur Dey
-Financial Express With the 2019 Lok Sabha elections approaching, the government plans to offer a stimulus package in the form of agricultural investment support scheme and group insurance to farmers, which could otherwise subsume the fumes of the farm loan waiver burden. Can the government consider Telangana’s Rythu Bandhu Scheme (RBS) on a scaled down version? RBS has a grant component of Rs 4,000 per acre per farmer for one season (kharif/rabi)....
More »Addressing agrarian distress: An alternative 'area planning' price support scheme for farmers -Sher Singh Sangwan
-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...
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