-Livemint.com China’s example shows the benefits of the rural workforce shifting from the farm to the non-farm sector The government announced its ambitious dream of doubling farmers’ income by 2022-23 in 2015-16. Incomes would have to grow annually by 10.4% to double in seven years. The data on growth rates of farm income given by NITI Aayog in its policy paper on doubling farmers’ income shows that the real income of farmers has...
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Monsoon: India's problem of plenty -Sayantan Bera
-Livemint.com India’s weather office has forecast a normal monsoon. Bountiful rains in the June-to-September period are critical for about 800 million Indians who depend directly or indirectly on farming New Delhi: Gangabhishan Thaware, a 53-year-old farmer from the drought-prone Marathwada region of Maharashtra, took an unusual step in July last year. Thaware and his fellow villagers had toiled on their fields and spent thousands of rupees on seeds and fertilizers, hopeful...
More »Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari
-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...
More »Farm distress: Direct Income Support 'less distortionary', says ICRIER study -TV Jayan
-The Hindu Business Line New Delhi: Giving Direct Income Support (DIS) to farmers — similar to what Telangana recently launched — may be a better option than the price deficiency payment (PDP) scheme or higher minimum support price (MSP) to address farm distress, according to a new study. Paying higher MSP based on cost-plus pricing would lead to market distortion. PDP schemes such as Bhavantar Bhugtan Yojana (BBY), which was in force...
More »U'khand govt to purchase millets, food grains directly from farmers -Deep Joshi
-Hindustan Times In a “maiden initiative” by the Uttarakhand government aimed to enhance farmers’ income, the state-owned Mandi Parishad (whole sale market) will directly buy farm produce like millets and food grains from them In a “maiden initiative” by the Uttarakhand government aimed to enhance farmers’ income, the state-owned Mandi Parishad (whole sale market) will directly buy farm produce like millets and food grains from them. “Farmers growing millets and food grains would...
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