-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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Millets to be procured at MSP for public distribution system: Agri minister -Zia Haq
-Hindustan Times The agriculture ministry has started a new programme to focus on millets or coarse cereal production, mostly grown by small and poor farmers New Delhi: The Narendra Modi government has decided to include millets in the public distribution system for which it is procuring these grains at federally fixed minimum support prices, agriculture minister Radha Mohan Singh said. The agriculture ministry has started a new programme to focus on millets or...
More »Agriculture: Budget promises MSP 50% above cost, doesn't define which cost -Harish Damodaran
-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
More »Millet Mission to promote nutrient-rich cereals; Rs. 800-crore outlay on the cards -Vishwanath Kulkarni
-The Hindu Business Line Likely to be announced in Budget; will help tackle malnutrition, support ryots Bengaluru: In the National Year of Millets, the Centre proposes to adopt a mission-mode approach to promote the nutrient-rich cereals, including sorghum, ragi and foxtail millets. Official sources said a Millet Mission is being proposed with an outlay of ?800 crore for the next two years to boost production of these cereals, which are naturally rich with...
More »Job scheme swells farm yields -Basant Kumar Mohanty
-The Telegraph New Delhi: The ponds and wells dug under the rural job guarantee scheme have boosted farmers' income by an average 15 per cent, a study has found. The finding by the Institute of Economic Growth, New Delhi, appears to contradict charges that the scheme has lagged in asset creation and been largely a failure. According to the survey, farmers reported an 11 per cent rise in rice and wheat production and...
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