-The Times of India NEW DELHI: The Centre hiked on Wednesday the minimum support price (MSP) of 14 kharif (summer sown) crops for the 2018-19 marketing season, syncing it with BJP’s 2014 poll promise to provide farmers a Profit Margin of at least 50% over their cost of production for all the notified crops across the country. Seven of these 14 crops have reported hikes of nearly 20% or more as compared...
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A right to sell at MSP: CACP wants legislation to ensure farmers benefit -Sanjeeb Mukherjee
-Business Standard The government's price-fixation panel backs legalising farmers' right to sell at MSP New Delhi: As the government goes on an overdrive to publicise the hike in Minimum Support Price (MSP), the question is how to ensure that farmers reap the benefits. Unless there is a regular procurement mechanism, MSPs will continue to have a notional value except, perhaps, for rice. The Commission for Agriculture Costs and Prices (CACP), the body which...
More »Kharif MSP hike to cost Centre Rs 33,500 crore more -Vishwa Mohan and Dipak K Dash
-The Times of India NEW DELHI: Moving to fulfil its budget promise and address political heat over farmer discontent, the government is set to announce a new minimum support price (MSP) regime that will provide farmers a Profit Margin of 50% over cost of production. The additional bill is likely to be around Rs 33,500 crore. The new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy...
More »High-cost farming is degrading quality of soil, driving small farmers to ruin -Arjun Sharma
-Firstpost.com Chandigarh: With the planting of the new paddy crop underway in Punjab, Balour Singh of Sangrur district's Channa village is worried about the hourly fee of Rs 150 he needs to pay his neighbour for supplying water to his fields. Being a marginal farmer, Singh doesn't own a borewell and has to depend on others for water, which is something his paddy crop needs in plenty. But water isn't Balour Singh's...
More »Target incomes, not prices -Puja Mehra
-The Hindu Income support must be provided to at least the most vulnerable farmers Our farm policy is so bad, the proverb ‘you reap what you sow’ isn’t true any longer. A bumper crop is no different from a drought, for it too depresses farm incomes. Good rains, excessive sowing and the bumper harvest last year produced gluts in the market that sent the prices of many crops, and therefore farm incomes, crashing....
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