-ThePrint.in Centre's procurement deal through NAFED offers Kashmir apple farmers a lower rate than last year, while also changing the definitions of different categories Srinagar: The Centre’s decision to procure Kashmir’s apple produce to prevent distress sales amid tensions in the Valley will put farmers at a disadvantage over conventional sales, ThePrint has learnt. With militants reportedly threatening traders against conducting business, and a public curfew in place against the decision to...
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First time in 30 years, why NAFED faces challenge -Harish Damodaran
-The Indian Express NAFED has been tasked with purchasing all the apples that growers bring to sell at mandis in the Valley. A bumper crop, for which there would hardly be any private buyers with all the current movement restrictions, makes it all the more challenging. The National Agricultural Cooperative Marketing Federation of India (NAFED) has not bought a single kilogram of apples for the last three decades or more. “We did...
More »Solution to economy's woes: Boost incomes of those who will spend it best -Harish Damodaran
-Financial Express Two measures can do much to bring back price sentiment and liquidity in agricultural markets, just when farmers are set to harvest a bumper crop. The current economic slowdown began with Bharat. It has to also end with Bharat. According to the National Statistical Office’s GDP estimates for April-June 2019 released on Friday, India’s agriculture sector — which includes forestry and fishing — grew 2.04% year-on-year during the quarter....
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 »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
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