-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...
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Why farm deflation is essentially a problem of liquidity -Harish Damodaran
-The Indian Express The main problem for farmers today is not production or having sufficient crop to sell. Instead, it has to do with prices that they are getting for their produce. The Met Department has forecast a third-in-a-row “normal” south-west monsoon this year, thanks to the very low probability of an El Nino event — the abnormal warming of the equatorial eastern Pacific Ocean waters, which is known to adversely impact...
More »From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee
-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...
More »Maharashtra: Govt sees bitter truth in too much sugarcane -Shubhangi Khapre
-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...
More »Centre working with states to ensure farmers get declared MSP: PM
-PTI New Delhi: Prime Minister Narendra Modi today said the MSP for crops will be at least 1.5 times the production cost so as to boost farmers’ incomes and the Centre is working with states to ensure that they get the benefit of the support prices. He also said many people are spreading rumours regarding the minimum support price (MSP) and creating a gloomy atmosphere. He said all input costs would...
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