-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
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Will linking MSP with cost really have any benefits? No, say farmers & experts -Chitleen K Sethi
-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...
More »Jaitley's farm-inclined Budget promises new agricultural schemes -- but not the funds for them -Mridula Chari
-Scroll.in The agriculture budget grew more than the actual budget in 2018-19. Some of Finance Minister Arun Jaitley’s promises to the agriculture sector in his Budget speech may be a little difficult to keep. Jaitley on Thursday announced two funds togetheR Valued at Rs 10,000 crore to develop infrastructure for the fisheries and animal husbandry sectors. But his Budget has allotted only Rs 10 crore to the Fisheries and Aquaculture Infrastructure Development...
More »Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal
-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
More »Tracing the economic roots of discontent among farmers -Roshan Kishore
-Hindustan Times Farmers have experienced a growing mismatch between their production efforts and incomes under the Narendra Modi government. The coming union budget will have to find a balance between two contradictory FDs: farm-distress and fiscal discipline. The choice is not going to be an easy one. Ignoring farm-distress in the last full-fledged budget before elections could be politically suicidal. Meanwhile, there are at least two things that could make the government slip...
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