-ThePrint.in The govt Wednesday raised support prices for 14 crops by 6 per cent, on an average — the highest in four years. New Delhi: India’s latest price support policy for farmers places more emphasis on keeping consumer inflation in check than reflecting the new normal of rising cultivation costs and soaring food prices following the Ukraine war, a reading of the numbers show. The Narendra Modi government Wednesday announced minimum support prices...

-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much  Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...

-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...

-NetworkIdeas.org Central banks all over the capitalist world are raising, or are about to raise, interest rates as a means of countering the currently rampant inflation, which is certain to push a world economy that is barely recovering from the effect of the pandemic, back towards stagnation and greater unemployment. Of course the Federal Reserve Board of the US which sets the standard in this respect for all other central banks, claims...

-The Tribune With policy-backing, subsidies and availability of easy credit, farmers are being pushed to buy more machines. Punjab has five times more tractors than required. As more technological gadgets and machines are promoted, farmers are increasingly sucked into a debt cycle, while equipment manufacturers are laughing all the way to the bank. At a time when farmers across the world are struggling to recover their cost of production, an Oxfam report...