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What agriculture needs: Risk mitigation -Shoumitro Chatterjee

-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...

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Govt to release next deposits of PM-KISAN on 25 December amid farmers' protest

-Livemint.com * The govt will transfer more than ₹18,000 crores to over 9 crores beneficiary farmer families on 25 December * Under the PM-KISAN, a financial support of ₹6,000 per year is provided to all registered farmers across the country in three equal installments Prime Minister Narendra Modi will release the next instalment of finance benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on 25 December via video conferencing, Prime Minister's Office said...

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Amending Few Clauses Not Sufficient, Repeal Farm Acts: Senior Economists to Agri Minister

-TheWire.in The economists, who have engaged with issues of agricultural policy, said that the Centre's reforms were based on "wrong assumptions" about why farmers were unable to get remunerative prices. New Delhi: A group of senior economists have released an open letter to the Union agriculture minister Narendra Singh Tomar calling for the repeal of the three contentious farm bills “which are not in the best interests of the small and marginal...

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Beyond just persuasion -Ameya Pratap Singh

-The Hindu The protesting farmers need sincerity and accountability from the Centre, not edification In light of protests against the new farm laws, the Centre has attempted to educate farmers — a form of instrumental reasoning based on exchange of superior information and data — to convince them of the merits of its reform agenda. Since it is presumed that complex matters of economic policy are beyond the intellectual capacities of agrarians,...

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Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton

-ThePrint.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a rational response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre incomes. They face a multiplicity of risks, which jeopardises even these low incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...

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