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MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years

  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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Ensuring MSP to farmers -- Are Deficiency payment an option? -CSC Sekhar, Amarnath Tripathi and Yogesh Bhatt

-Economic and Political Weekly In the wake of the central government’s minimum support prices hike for kharif 2018–19, the state government in Madhya Pradesh implemented a variant of the deficiency payments system called the Bhavantar Bhugtan Yojana for compensating the farmers when market prices fell below MSP. Besides the problems of long delays in payments to farmers, large transaction costs that farmers incurred due to multiple registrations, and the disposal of...

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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...

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Desert blues -AM Jigeesh

-The Hindu Business Line The BJP faces its toughest battle in Rajasthan, where rural agrarian distress is more acute than elsewhere It has been a long summer for Anirudh Meena. The farmer from Kota in Rajasthan is still waiting for the government to financially compensate his brother Hukumchand Meena’s family. A garlic farmer, Humukchand took his life in May, after the price of the bulb came crashing down, leading to heavy financial...

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Farmers' march to Delhi: Photographers, lawyers and students mobilise support -Kavitha Iyer

-The Indian Express On November 29, farmers are scheduled to gather at four locations on the outskirts of Delhi, from where they will march into the capital city. Mumbai: PHOTOGRAPHERS FOR farmers, lawyers for farmers, students for farmers and techies for farmers — these are some of a series of loose groups being formed across cities including Mumbai, Delhi, Chennai, Hyderabad and Pune in an effort to mobilise the support of...

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