-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...

-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...

-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of cooperative federalism, it is the agriculture sector. It can benefit people more...

-Financial Express Water resources minister Nitin Gadkari said on Thursday it was practically difficult for sugarcane farmers in Maharashtra to abandon the water-guzzling crop and shift to other crops, as the latter are less remunerative. “I ask as a farmer. I will not undertake the sugarcane crop, you tell me what should I do…. The price of non-basmati rice is `13-14 per kg, which is peanuts and look at the price (escalation)...

-Newsclick.in A fact check reveals the reality behind jaw dropping ‘achievements’ claimed by the BJP govt. in UP in full front-page ads in national dailies. On 13 June, Yogi Adityanath’s BJP govt. of Uttar Pradesh issued costly full page advertisements in national dailies with a slew of claims about how agriculture in the state has achieved unprecedented heights under the one-year old govt. the ads, adorned with smiling faces of Prime Minister...