-The Indian Express Government godowns are, for the first time, bursting at the seams with pulses on record procurement Pune: When in mid-December, Anand Pawar decided to register the standing tur (pigeon-pea) on 10 out of his 50-acre holding with the Maharashtra State Cooperative Marketing Federation’s purchase centre at Latur, he was quite hopeful of realising the government’s minimum support price (MSP) of Rs 5,450 per quintal for the soon-to-be-harvested crop. At...
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The wait for deep agricultural reforms -Siraj Hussain
-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...
More »Why MSP at cost plus 50% is no big deal -Rajalakshmi Nirmal
-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...
More »Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari
-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...
More »With higher output, lower prices and likely import curbs, wheat may go the pulses way -G Chandrashekhar
-The Hindu Business Line The Indian wheat situation is turning worrisome, not because of the over-optimistic production estimate released by the Ministry of Agriculture recently, but because of the current price levels that provide no encouragement to farmers. Fraught with possibilities, the wheat may go the pulses way. The policy-makers may soon be forced to impose import restrictions in the form of higher tariffs. Output, prices To start with, no one in the trade...
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