-TheWire.in Arun Jaitley’s Budget speech was vague on the details, and closer inspection reveals that it was also misleading. Arun Jaitley, presenting his fourth Budget as finance minister, announced that he is fulfilling a promise made by his party in the election manifesto for the 2014 Lok Sabha elections – the promise of a minimum support price (MSP) that is 50% higher than farmers’ cost of production. “Government has decided to keep...
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From plate to plough: The MSP smokescreen -Ashok Gulati & Ranjana Roy
-The Indian Express Government’s claim that it has given support prices that are 50 per cent over input costs to farmers is a sleight of hand. Tall talk could increase farmer resentment The finance minister (FM) has made a smart move by announcing in the Union budget speech that the government has already fulfilled its election promise of giving minimum support prices (MSPs) of at least 50 per cent higher than their...
More »Agriculture: Budget promises MSP 50% above cost, doesn't define which cost -Harish Damodaran
-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
More »Yogendra Yadav, others release green paper on Indian agriculture
-The Financial Express Yogendra Yadav’s Swaraj India and some other organisations have released a ‘green paper’ on the status of Indian agriculture and termed the current government ‘most anti-farmer’. According to the ‘green paper’, the government reneged on its core and solemn promise of revising MSP on the cost plus 50% formula, by solemnly affirming in the Supreme Court that this formula suggested by the National Farmers’ Commission and also promised...
More »Green Paper on Farmers, Farming & Rural Economy 2018: 4 Years - 4 Budgets: What Has This Central Government Delivered?
According to the document entitled Green Paper on Farmers, Farming & Rural Economy 2018: 4 Years - 4 Budgets: What Has This Central Government Delivered?, which has been prepared by Jai Kishan Andolan, Swaraj India, ASHA and Rythu Swarajya Vedika (published on 30 January, 2018): Far from giving farmers and farming ‘the highest priority’ during a period when they most needed the governmental support, the present NDA government has tried to...
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