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Farm subsidies: the coming fight at the WTO

-Livemint.com India needs to defend policies that make agriculture remunerative and stand by its poor at this stage of development In an attempt to combat rural distress, the Union budget announced this year by finance minister Arun Jaitley promised a new deal to farmers—minimum support prices (MSP) that would be 150% of the cost of production. The government is expected to announce the first set of support prices under the new policy in...

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54 lakh ha covered as kharif sowing picks pace; cane area up

-The Hindu Business Line New Delhi: Sowing in the current kharif season has commenced in right earnest with an area of 54 lakh hectares (lh) brought under cultivation till Friday, according to data released by the Agriculture Ministry. A total of 55 lh was covered during the same period last year. This is despite the fact that the total live storage capacity in 76 reservoirs used for irrigation stood at 22.66 billion...

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How to improve agricultural productivity -Bjorn lomborg & Saleema Razvi

-Livemint.com Investments in irrigation, combined with better-quality seeds, can dramatically improve returns to farming Global attention has been devoted to water scarcity and its effect on Indian farmers. However, new analysis from Indian researchers suggests that far more good could come if irrigation were combined with seed improvement. Tata Trusts and Copenhagen Consensus have commissioned new research by noted experts from India and around the world, looking at measures that would help Indian...

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Banking on normal monsoon, Centre sets record foodgrain target

-The Economic Times New Delhi: The Agriculture ministry is targeting record foodgrain output of 283.7 million tonnes in the crop year beginning July, with 140.20 million tonnes targeted for the kharif (summer-sown) crop, on expectation of normal rains during the June-September monsoon season. “The weather office forecast of normal monsoon this year is good news for kharif planting and farmers,” Agriculture Minister Radha Mohan Singh said. He said the government was working...

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Why MSP at cost plus 50% is no big deal -Rajalakshmi Nirmal

-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...

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