-LiveMint.com Panel suggests floor price for foodgrain at a 10% premium to costs; safety net to kick in if prices fall below MSP New Delhi: In what could restore the terms of trade in favour of agriculture, a government panel has recommended a new cost-linked Minimum support Price (MSP) and a safety net for farmers. The recommended MSP, or the floor price for foodgrain, will be at a 10% premium to costs,...
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Budget in search of hope -Ashok Sekhar Ganguly
-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...
More »Public funds to push neoliberal agenda -CP Chandrasekhar
-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
More »Enough cereals, but need to import oil, pulses: Centre to Supreme Court
-PTI NEW DELHI: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and pulses. Responding to a PIL on increasing farmer suicides in the country, the Ministry of Agriculture said in an affidavit, "India has not only ensured self-sufficiency in most of the agricultural crops...
More »Politics over crop loss: Cong accuses Modi of somersault on farmers’ issues
-The Times of India NEW DELHI: A strong political fight has erupted between the government and the opposition parties over providing relief to farmers suffering crop loss due to unseasonable rains and hailstorm. Hours after Prime Minister Narendra Modi accused the opposition of spreading lies on the land acquisition bill, Congress hit back and accused Modi of somersault on farmers' issue. Ahmed Patel, Political Secretary to Congress President Sonia Gandhi, said farmers...
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