-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
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Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
More »Why is Karnataka protesting change in definition of drought? -Jitendra
-Down to Earth New norms for declaring drought are too stringent to be practical and are indicative of Centre’s intention to pass on the financial burden to states Karnataka government has opposed Centre’s move to change parameters for drought assessment. The new manual for drought management limits Centre’s scope to offer financial assistance to states in the eventuality of drought. Unlike the 2009 manual for drought management—which was a mere guideline...
More »Prevent farmers' suicides rather than give compensation, SC tells TN -Krishnadas Rajagopal
-The Hindu "Your job is to take steps to prevent farmers’ suicides and not go around distributing compensation after the suicides", the Supreme Court told the Tamil Nadu government on Friday. The court said the “actual job” of the government is to “directly address the ground reality of farmers suicides”. “Your approach has to be preventive and not compensatory,” a Bench of Justices Dipak Misra and A.M. Khanwilkar told Additional Solicitor General P....
More »Collective farm gate procurement offers solutions to cover price crashes -Ajit Kanitkar
-VillageSquare.in Farmer producer companies have started to play an important role in procurement from smallholders, which guards against price crashes that has been plaguing marginalized farmers across the country despite record harvests The agricultural seasons of 2016-17 (Kharif and Rabi) have not been favorable for farmers across the country. In spite of the near-normal monsoon rainfall in India in 2016 coupled with record farm production, wholesale and retail prices for agricultural commodities...
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