-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of cooperative federalism, it is the agriculture sector. It can benefit people more...
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Reform agriculture marketing systems to address farm distress -Sudipto Mundle
-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...
More »Haryana government's hyped MSP scheme for vegetables comes a cropper -Sukhbir Siwach
-The Indian Express After the market rates crashed to Rs 1-2 per kg, only 565 tomato growers across Haryana received the average price difference payment of Rs 2,136. Kurukshatra: Jasbir Saini shows a message on his iBall mobile phone displaying an amount of Rs 296 credited to his bank account. That’s what the 47-year-old has received as “differential price” on the distress sale of his tomato crop under the Haryana government’s Bhavantar...
More »Minimum Support Price for rice gave return of 50% over cost 13 times since 1996-97 -Roshan Kishore
-Hindustan Times The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. New Delhi: The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. Broadly speaking the A2+FL...
More »Farmer angst stokes record pulses procurement in 2017-18 -Sayantan Bera
-Livemint.com According to Nafed, the central agency assigned to procure directly from farmers at government-set MSP, 6.34 million tonnes of pulses and oilseeds were purchased from about 3.5 million farmers till 22 June New Delhi: The central government procured a record Rs29,070 crore worth of pulses and oilseeds from farmers at minimum support prices (MSPs) in the 2017-18 crop season, arresting what could have been a sharper fall in wholesale prices. The procurement...
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