-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...
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Ploughing a lonely furrow -Devinder Sharma
-DNA India is expected to bear the brunt of $160 billion trade-distorting farm subsidies provided by developed nations like the US At a time when angry farmer protests seeking an increase in the Minimum Support Price (MSP) for all crops is on an upswing, India faces an uphill task to protect its food procurement operations at the forthcoming Buenos Aires Ministerial of the World Trade Organisation (WTO) from December 10-13. At...
More »A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni
-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...
More »The viability crisis in Indian agriculture -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line The dilution of government intervention in the form of minimum support prices, procurement and public distribution is undermining agricultural production in the country Farmer movements and farm loan waivers in different States have driven home the fact that the viability of agriculture is under challenge. This is surprising, since the comprehensive framework for reviving agricultural production, introduced in response to the agricultural crisis in mid-1960s, is in principle...
More »Safeguarding the interests of farmers -Nirmala Sitharaman
-The Hindu Providing food to the poor or targeted groups at subsidised prices is fully WTO-compatible Transformational changes are taking place in India currently, improving the way we live. These changes are impacting all our lives in small or significant ways. It is gratifying to know that the citizens at large are happy withthese changes. However, forsome who have fed themselves on the fodder that such changes are not for the near...
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