-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be either true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...
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Why the Farmers in India are Up in Revolt -Subin Dennis
-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support price and the cost of production, pushing them deeper into debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-led government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruled states in...
More »In 'prosperous' Punjab, farmers battle uncertainty, rising costs of production -Manraj Grewal Sharma
-Hindustan Times Fatehgarh Sahib: He owns four acres of land, farms 20 acres more on lease, and has a debt of Rs 10 lakh. Gurmukh Singh, 44, is one of better-to-do farmers of Pandrali, a quiet, well-groomed village in Fatehgarh Sahib district with several newly-built houses, smooth streets and girls on scooters. It’s a picture that could well be captioned ‘prosperous Punjab’. But the genteel façade hides the struggles of the...
More »Demonetisation apart, cheaper imports too hit the farm sector -Tejinder Narang
-The Financial Express The current agitation of farmers on cereal, oilseeds and vegetables has attracted a lot of analysis with regards to the causes. Many such analyses have converged on low hikes in MSP in the last three-four years as the major cause, and the general public also believes so. Stocking limits, poor warehousing facilities, export bans, lack of a properly developed food processing industry and free trade in commodity exchanges...
More »Why bumper harvests spell doom -Ashok Gulati & Prerna Terway
-The Indian Express With a glut in agricultural production, prices have fallen below MSPs. The government needs to get the agri-market right to address the farm crisis The farmers’ protests in Madhya Pradesh (MP) and Maharashtra indicate that all is not well on the economic front, especially agriculture. If such unrest could happen in MP, which claims to have registered the fastest agri-GDP growth at 9.7 per cent per year during...
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