-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...
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Transforming livelihoods through farm ponds -Nirmalya Choudhury & Sachin Tiwale
-The Hindu They can be an effective tool for rainwater harvesting With an increased variability of monsoons and rapidly depleting groundwater tables, large parts of India are reeling under water stress. A number of peninsular regions like Bundelkhand, Vidarbha and Marathwada have been facing recurring drought-like situations. Given the enormity of the crisis, at a recent NITI Aayog meeting, Prime Minister Narendra Modi explicated the need to implement innovative water management measures,...
More »A reality check indicates that MSP set for 2019-20's Kharif Crops is not 1.5 times the 'C2' cost of production
A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most Kharif Crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
More »Monsoon picks up speed, gives boost to kharif sowing -Amit Bhattacharya
-The Times of India NEW DELHI: After a dry June, monsoon has made a great start in July. Average countrywide rainfall in the first 11 days of the month has been 24% above normal, which has helped reduce the overall monsoon deficit to almost a third, from 33% at the end of June to 12%. In what should boost sowing of Kharif Crops, all regions of the country, except the south, have...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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