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Support vs procurement

-The Business Standard How to fix the agricultural pricing mess The government's move to get the mandate of the Commission for Agricultural Costs and Prices (cacp) reviewed afresh by an expert panel needs to be viewed in a broader perspective - one that weighs political populism against economic logic. It has been argued that minimum support prices (MSPs) have been raised often - and supposedly partly for political reasons - during the...

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Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh

-The Hindu   Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (cacp) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...

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CAG, food security and good sense -Tejinder Narang

-The Hindu Business Line A new CAG report offers valuable insights into the likely implications of implementing the proposed food security law. The National Food Security Bill (NFSB) couldn't be passed in the Parliament session that ended last week, despite a spirited promotional pitch by its proponents - including Nobel Laureate Amartya Sen. Last week also saw the Comptroller and Auditor General of India (CAG) table its report on "Performance Audit of...

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CAG report shows why food security will be a disaster-Vivek Kaul

-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...

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Farm leaders to look at support price fixing method-Gargi Parsai

-The Hindu A committee comprising farmers' representatives will look at the method of fixing the minimum support price of agricultural commodities. It will suggest if there is a need for the Commission for Agricultural Costs and Prices (cacp) to re-position itself in the light of the demands from farmers to raise the remunerative price for essential commodities. At its first meeting held here on Thursday, the panel headed by Director of National Centre...

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