-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...
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Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad
-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...
More »Agri experts call for income security, price support for farmers
-The Hindu Business Line Meet Jaitley for pre-Budget discussion New Delhi: Experts from the agriculture sector have sought measures to offset the impact of inflation on crops and income security for farmers and also debated the farm loan waiver at a pre-Budget meeting with Finance Minister Arun Jaitley on Tuesday. This was the first such meeting and the Finance Minister will meet more sectoral groups this week to get their proposals for the...
More »A way to manage falling prices of pulses -C Rangarajan & Shashanka Bhide
-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...
More »Madhya Pradesh's new scheme to protect farmers against fall of crop prices stumbles at the start -Mridula Chari
-Scroll.in Halfway through the ambitious Bhavantar Bhugtan Yojana, farmers are protesting and accusing traders of suppressing prices. When the Madhya Pradesh government introduced the Bhuvantar Bhugtan Yojana in August it hoped the new scheme would assuage angry farmers and provide them a cushion against a possible price crash of farm produce. But in the first harvest season after the scheme was introduced farmers continue to get prices below their expectations. Many farmers...
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