-Livemint.com Agriculture is not only crucial for what happens to growth, inflation and rural distress, it is also politically important given the simmering discontent among farmers in the last two years Last week, the India Meteorological Department (IMD) declared that the south-west monsoon has covered the entire country, 15 days earlier than normal. This may be a cause for celebration considering the distress in agriculture in the last four years. Agriculture is...
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Government ready for higher MSPs: Paswan
-The Hindu Says Centre prepared to set up facilities for procurement The government is prepared to create all the facilities and infrastructure needed to procure foodgrains, even as the Cabinet prepares to hike Minimum Support Prices (MSP) for kharif Crops, Union Food Minister Ram Vilas Paswan said. The Union Cabinet is expected to meet on Wednesday, and approve MSPs for 23 Crops at 1.5 times the input costs. For MSPs to be implemented...
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 »1,648 people died every year during 1953-2016 due to floods or heavy showers, shows recent CWC data
The Central Water Commission (CWC) has released the state-wise and national-level annual data on human and economic costs associated with floods or excessive rainfall for the last 64 years at a time when the North East is devastated by nature's fury. That data indicates that on an average 3.2 crore Indians were affected by floods or excessive rainfall every year between 1953 and 2016. Floods or downpours took a heavy toll...
More »India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi
-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...
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