-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...
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Paddy Prices Have Crashed Below MSP in Many States -Subodh Varma
-Newsclick.in This is because the new farm laws have already paralysed mandis and traders are buying up paddy at lower prices. Even as farmer protests against the three new farm laws entered the 17th day, information available for mandis (wholesale markets) shows that a large proportion of this year’s paddy crop is being bought from farmers at much below the government declared Minimum Support Price (MSP). This could be attributed to the...
More »Farmers Denied Rs 1,900 Crore Due to Sales Below MSP in Last Two Months -Kabir Agarwal and Dheeraj Mishra
-TheWire.in The Wire's analysis reinforces the fact that the announcement of MSP for most crops remains mostly on paper as farmers are rarely able to sell it for these prices. New Delhi: If the government’s minium support price (MSP) programme helped in properly creating a minimum floor price, farmers across 11 major agricultural states would have, on average, earned almost Rs 1,900 crore more by selling their produce. According to The Wire’s analysis...
More »Bihar scrapped APMC Act, mandi system 14 years ago; here’s what it did to farmers -CK Manoj
-Down to Earth Why are farmers protesting the government’s ’reforms’, ask many. A look at how Bihar’s farmers have fared may explain The recent controversy about India’s newly minted farm laws have brought back into focus what Nitish Kumar did a decade-and-a-half ago: Shutting down the mandi (wholesale markets for agricultural produce) system in 2006. The much-touted ‘reform’ has impacted the state’s farmers, and not in a good way. Farmers have had to...
More »Why Rajasthan Farm Act amendments may lack the teeth to help farmers -Sukhpal Singh
-Business Standard Rajasthan has amended The Farmers' Produce Trade and Commerce (promotion and facilitation) Act, 2020 to restore what it calls 'the safeguards for the farmers of the state' as under state's APMC Act The Congress-ruled states’ plan to nullify the three central laws on agricultural markets and provide for alternatives of their own for protection of famer interest, especially on prices for their produce has been executed with three states of...
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