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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...

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Union budget shows "no concern" for hunger, malnutrition, rural distress, reduces maternal benefit allocation

-Counterview.net Calling the 2018-19 Union budget "highly disappointing", the top advocacy group, Right to Food Campaign (RFC), in a comprehensive analysis, has said, it has "miserably failed to respond to the present situation of rural distress and mass unemployment", adding, "Despite a spate of starvation deaths in different parts of the country, the budget makes no mention of hunger or malnutrition." Thus, RFC says, "There was some hope that the budget would...

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Will linking MSP with cost really have any benefits? No, say farmers & experts -Chitleen K Sethi

-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...

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Where's the money, Mr Jaitley? -Jayati Ghosh

-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...

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Union Budget 2018: A Step Forward -Ajay Vir Jakhar

-The Indian Express Únion Budget 2018: Budget addresses the crises in agriculture. The devil is in the allocations All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all counts will she be happy. The allocations in the budget cover every sector, with umpteen implications, and no person’s expectations can be fulfilled on all counts. While every...

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