-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...

-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...

-NDTV  (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...

-The Hindu Farmers’ protests interrogate the reigning development model.   Alternatives do exist The recent spate of peasant protests across wide swathes of the country points sharply to the unjust folly and sheer unviability of the path of development that India has embraced, especially in the reform era since the late 1980s. Even, say, a modest food critic in metropolitan India collects an immodest annual pay package which can easily go into seven figures....

-The Hindu The MSP alert will be published on social media handles of the Jai Kisan Andolan and associated organisations Two months after the Finance Minister’s Budget announcement of a minimum support price (MSP) at least 50% above the cost of production, Farmers’ organisation Jai Kisan Andolan has launched a daily news alert, tracking the ground reality regarding MSP. The MSP alert will be published on social media handles of the Jai...