-Financial Express While wheat prices may firm up once the official procurement begins in all the producing states, the government will have to implement a robust procurement system for other crops to support the prices fetched by farmers. Mandi prices of most rabi crops ruled below their minimum support prices (MSPs) during the last month, even as more than half of the winter crop has been harvested (see chart). While wheat prices...
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By amending Model Mandi Act, MP has pushed its agricultural sector into throes of uncertainty -Sunit Arora
-The Indian Express The state has posted high growth rates in the agricultural sector in recent years, but the growth has been skewed in favour of the state's irrigated parts and a small number of crops. Madhya Pradesh is primarily an agricultural state. One third of its gross state domestic product comes from this sector, half of the state’s area is used for cultivation, and 70 per cent of the total workers...
More »Grain Drain: Farmers in Uttar Pradesh sell paddy below government rate to repay loans -Arvind Shukla
-Gaon Connection While the central government continues to assure farmers that it will stand by the minimum support price of Rs 1,888 per quintal, farmers are being compelled to sell their paddy at Rs 1,200 a quintal or less. Jarnail Singh from Kabirganj in Pilibhit district in Uttar Pradesh has just returned from Paliya Mandi a dejected man. The 50-year-old was unable to sell his 250 quintals of ‘good quality’ paddy. “I...
More »CCI centres few and far away, Haryana cotton farmers forced to sell to pvt players at low prices -Sukhbir Siwach
-The Indian Express This year, the Haryana government had claimed that there would be 40 procurement centres of CCI, but official sources in CCI said that till now, only 17 centres have become functional in the state, which is just two more than the centres set up in 2019. Chandigarh: “How could I have taken my 10 quintals of narma cotton to Dhigawa mandi, which is 60 km away, to get minimum...
More »Explained: What is the basis of MSP? How is it fixed, and how binding is it? -Harish Damodaran
-The Indian Express The newly passed farm trade Bill has raised concerns that farmers may no longer be assured MSP for their crop. But MSP isn’t even mentioned in the new law or in existing ones. How is it fixed, and how binding is it? The recently enacted law that dismantles the monopoly of APMC (agricultural produce market committee) mandis, thereby allowing sale and purchase of crops outside these state government-regulated market...
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