In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »Why the farmer suicide debate is counter-productive to understanding India's agrarian crisis? -Roshan Kishore
-Hindustan Times In the discourse on agriculture, for instance, farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section. India’s political economy discourse is often a prisoner of the dictum that when there is no theory, there is a conspiracy theory. Corruption, rather than an accentuated cyclical shock after the global financial crisis, combined with the poor governance structures in Indian...
More »Oilseeds, pulses procurement progressing at a snail's pace -Madhvi Sally
-The Economic Times NEW DELHI: The prime minister’s pet scheme to ensure higher income for farmers through robust procurement in coordination with states is moving at a snail’s pace, with just about 11% of the target achieved in the first two months, officials said. Food Corporation of India (FCI) and National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), which have a target to procure 33 lakh tonne of oilseeds and pulses...
More »As glut hits prices in Maharashtra onion hub, farmers lose hope, brace for bleak new year -Kavitha Iyer & Parthasarathi Biswas
-The Indian Express By all accounts, 2018 has been a year of deep losses for Maharashtra’s onion growers. IT HAS been a couple of weeks since Sanjay Balkrishna Sathe, 44, sent Prime Minister Narendra Modi an online money order of Rs 1,064 — the proceeds from the sale of 750 kg of his “top quality” onions at the Niphad marketplace in Nashik, home to half of India’s onion crop. The money...
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