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Zero clarity

-The Hindu Business Line ‘Zero-budget natural farming’ sounds fine in principle, but is vague on many specifics By announcing a push to zero-budget natural farming (ZBNF) in the Budget, the Centre seemed to have reiterated its policy support for non-chemical-based farming methods. However, ZBNF has kicked up something of a stir, not least because of the positions taken by the individual associated with it, Subash Palekar. Palekar has gone to great lengths...

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A reality check indicates that MSP set for 2019-20's kharif crops is not 1.5 times the 'C2' cost of production

  A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...

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CAG demonstrates how govt relies on off-budget resources to fund deficit - Dinesh Narayanan

-The Economic Times India’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings. The Comptroller and Auditor General (CAG) has said that the central government’s key deficit figures may be considerably higher than those stated in the union budget. In a presentation to the 15th Finance Commission (FFC) on July 8, three days after the July 5 budget, CAG has asked whether the extra-budgetary resources accounted for...

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From Plate to Plough: A win-win deal -Ashok Gulati

--The Indian Express Replacing subsidies with direct cash transfers to farmers’ accounts will empower them as well as consumers. In her budget speech, the Union finance minister (FM) said: “At the centre of everything that we do, we keep gaon, garib aur kisan in mind.” Here then is a small mantra for her to transform the lives of the kisan and the poor in rural areas. Just streamline the food and...

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ICAR to study zero budget farming before its rollout -Rituraj Tiwari

-The Economic Times Zero-budget farming is being promoted in several areas as a low-cost, natural alternative to prevalent practices of heavy use of chemical Fertilisers and pesticides. NEW DELHI: The government has asked the Indian Council of Agricultural Research (ICAR), India’s top farm research institution, to conduct a study on the efficacy zero budget farming (ZBF) results before its nationwide rollout. NITI Aayog member and agricultural economics and policy expert Ramesh Chand...

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