-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...
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A vote of no confidence from the farmers -Yogendra Yadav & Avik Saha
-The Hindu There is enough evidence to show that the government has failed farmers and agricultural labourers in a big way As the Lok Sabha debates the vote of no confidence today, representatives of farmers from across the country will be marching outside Parliament under the banner of All India Kisan Sangharsh Coordination Committee (AIKSCC), an umbrella body of 201 farmer organisations. Farmers have already passed a vote of no confidence against...
More »Farmers' Body Announces Nationwide Stir Against Modi Govt's MSP 'Betrayal' -Neha Mehrotra
-TheWire.in Accusing the government of having deceived farmers by not fulfilling its MSP promise, and yet claiming that it has, the AIKSCC has announced a series of agitations over the next four months. New Delhi: The All India Kisan Sangharsh Coordination Committee (AIKSCC), a coalition of over 180 farmer organisations across the country, has termed the announced hike in minimum support prices (MSP) a ‘historic betrayal’, and not a ‘historic increase’ as...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »The food economy: A Catch-22 for policymakers
-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
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