-PTI The government has to walk a tightrope to balance farmers' and consumers' interest in view of the Budget announcement on MSP that could further push up inflation, industry body Assocham said today. In the Union Budget 2018-19, the government promised to fix the minimum support price (MSP) at 50 per cent higher than the cost of production. "The Budget with a huge focus on agriculture has raised expectation level in rural landscape....
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Loan waiver to bonus payments, poll-bound states target farmers -Deep Mukherjee & Milind Ghatwai
-The Indian Express While Rajasthan Chief Minister Vasundhara seeks to recover from the recent disastrous bypoll where the BJP lost two Lok Sabha seats and an assembly seat to the Congress, MP’s three-time CM Shivraj Singh Chouhan aims to mitigate three-time anti-incumbency. From crop loan and land revenue waivers to bonus payments and free crop storage, Rajasthan and Madhya Pradesh announced a slew of sops Monday targeting farmers and rural voters...
More »Jaitley clarifies on cost parameter to calculate MSPs to be paid to farmers -Sayantan Bera
-Livemint.com The finance minister’s clarification that the government will use the A2+FL measure to determine MSPs for crops is likely to disappoint farmer organizations Finance minister Arun Jaitley said on Friday that farmers would be provided 50% returns over and above what they spend on inputs such as seeds and fertilizers and an imputed value of family labour, clearing the confusion over which measure of cost of cultivation would be used to...
More »No water from Narmada, crisis looms large over Gujarat -Hiral Dave
-Hindustan Times Within a month of retaining power for the sixth consecutive time, the Vijay Rupani-led BJP government appealed farmers to not sow any crops this summer. Ahmedabad: Bhupat Lakum, a farmer from Adroda village near Gujarat’s Ahmedabad, was glued to his television set when Prime Minister Narendra Modi presided over a ceremony marking the completion of the Sardar Sarovar Dam on September 17 last year. The event terminated the 57-year-old project on...
More »With Latest MSP Promise, the False Narrative Surrounding Costs and Farmer Incomes Continues -Ramandeep Singh Mann
-TheWire.in The need of the hour is to set up a farmer pay commission, which can fix a minimum assured income of a farmer household. About halfway during the budget speech – while announcing the government’s plans for dealing with India’s agrarian crisis – finance minister Arun Jaitley made a rather bizarre statement. Apparently, according to Jaitley, the Modi government has already provided more than 50% margin over cost of production for...
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