-CaravanMagazine.in In 2006, the Bihar government deregulated the agricultural sector, and largely removed government oversight over food grain procurement. Previously a majority of food grain procurement happened through the Agricultural Produce Market Committee, a marketing board run by the state government that would organise mandis—wholesale markets—where farmers could directly sell their produce to the Food Corporation of India or the State Farming Corporation at the established minimum support price. The MSP...

-The Indian Express Non-payment of last season’s dues and no SAP being declared for 2020-21, with more than two months of crushing over, can emerge as a potential flashpoint in the ongoing farmers’ agitation. New Delhi: The farmers’ agitation, until now, has been about Punjab and Haryana, wheat and paddy, and concerns over the future of minimum support price (MSP)-based procurement and agricultural produce market committee mandis. But there’s one elephant in the...

-TheWire.in Due to cultural reasons, India has a relatively small market for processed foods, and a number of factors afflict the food processing industry. In the light of recent farmer protests, there have been apprehensions that corporates will develop a monopoly over agricultural markets, purchase large quantities of cereals at cheaper prices and sell processed products made from them at very high prices. These apprehensions do not seem very plausible in the near...

-The Hindu Business Line Pune: The protest against the Centre’s newly introduced farm laws is loudest in Punjab and Haryana, where the MSP mechanism is robust, benefiting wheat growing farmers. However, government data shows that Madhya Pradesh farmers have steadily taken over wheat growers in Punjab and Haryana to reap benefits of MSP in the last five years. Data from rabi marketing seasons (RMS) 2016-17 to 2020-21 shows that 47,58,350 farmers from...

-Newsclick.in Farmers fear they will have to engage with big traders and agribusinesses on an unequal playing field where these giant corporations will be dictating the terms of engagement. Approved by the government of India in 1988, the Pepsi project was launched to initiate a second agricultural revolution in Punjab. The effects of the first agricultural revolution had faded. Yields of major crops were low. A joint venture among PepsiCo, Voltas and...