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Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes -Angarika Gogoi

-Firstpost.com Farmers across India are sceptical about the promised benefits of the minimum support price (MSP) promised by the government for their kharif crop. In a press release, the government announced that the MSP would be set at 50 percent over the cost of production and vowed to double farmers’ incomes by 2022. As Amrinder Singh Punia, a farmer and general secretary of the Punjab Agricultural University Kisan Club, points out, “Government...

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15 August: Freedom from Hunger? -Subodh Varma

-Newsclick.in Food grain availability for Indians has increased by just 3.3% since 1961. On this 72nd Independence Day of our India, while there will be the usual speeches and festivities, spare a thought to this shocking bit of news: average availability of food grains for every Indian has increased by 3.3% since 1961. Food grains includes wheat, rice, other cereals and pulses. Among these, per person availability of pulses has actually declined...

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Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line New Delhi: Raising farm income could well be the agenda for 2019 general elections and well aware of this is the Narendra Modi government, which is leaving no stone unturned to lure this vote bank. Navigating this agenda for the government is Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare. Aware of the challenges of the price sensitive market, Singh said, “agriculture markets cannot be...

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Farmers grapple with rising costs, falling incomes

-howindialives.com/ Livemint.com The recent protests by the Marathas might have roots in the declining returns from farming across Maharashtra between 2006-07 and 2014-15 Falling farm incomes in rural Maharashtra might be an important factor fuelling the current spate of protests by the Marathas, who are demanding reservation in educational institutions and government jobs. The net returns from farming, or wholesale prices minus costs of production, declined for most of the major crops...

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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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