-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
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A broken tax chain -Arun Kumar
-The Hindu The GST’s faulty design has prevented the economy from benefiting fully from the indirect tax regime A year ago, at a special midnight session in Parliament, the launch of the goods and services tax (GST) was heralded as the new freedom. A year on, what has the GST achieved? ? One should not expect instant results. There will be many short comings when a complex reform is rolled out. But...
More »Agri Distress Deepens as Crop Prices Crash -Subodh Varma
-Newsclick.in Over the past three years, prices of farm produce have gone down, pushing farmers into deeper crisis but the govt. has no solution. It is perhaps a symbol of our times, and this govt.’s alienation from the people, that it is totally unconcerned about crashing farm produce prices even though the Prime Minister and his colleagues go on harping on their commitment to double farmers’ incomes. Here is what has happened...
More »Why are farmers angry -Harish Damodaran
-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income growth from the Central Statistics Office. The accompanying table shows two sets of growth figures. The first is...
More »High fuel prices singe farmers -Rutam Vora & TV Jayan
-The Hindu Business Line Middlemen can hike prices but producers lose margins Ahmedabad/ New Delhi: With the sharp increase in fuel prices punching holes in agricultural incomes, a section of farmers are reviewing the mechanisation options. Diesel prices are up one-fourth over corresponding time last year. "The cost including transportation and pump-sets operation works out to about 25 per cent of the cost of production in various crops. Fuel costs are going up...
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