-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...
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Devinder Sharma, food and trade policy analyst interviewed by GOI Monitor
IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...
More »Social protection for food security by MS Swaminathan
Social protection has seen a sharp focus in the development policy agenda during the past decade. There is also a clear trend for making social protection, as well as food security, “rights-based”, rather than “discretionary”. Yet, no clear consensus has so far emerged concerning many basic design choices and implementation modalities. The Food Security Act 2011, which is now under the consideration of our parliament, is designed to achieve the...
More »Delayed rainfall triggers 15-50% rise in vegetable prices-Jayashree Bhosale & Sutanuka Ghosal
PUNE/ KOLKATA: Heavy rains lashed Mumbai and parched fields in peninsular India as the monsoon resumed its journey after an agonising 11-day interruption, but the unforeseen 41% rain deficit this month has taken its toll, with vegetable prices rising sharply for the third straight month. The monsoon, almost stagnant since June 6, touched southern parts of Gujarat and Chhattisgarh on Sunday. It is forecast to gain momentum in the next three...
More »Maximum support prices
-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...
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