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Jaitley clarifies on cost parameter to calculate MSPs to be paid to farmers -Sayantan Bera

-Livemint.com The finance minister’s clarification that the government will use the A2+FL measure to determine MSPs for crops is likely to disappoint farmer organizations Finance minister Arun Jaitley said on Friday that farmers would be provided 50% returns over and above what they spend on inputs such as seeds and fertilizers and an imputed value of family labour, clearing the confusion over which measure of cost of cultivation would be used to...

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'Housing for All' Means Nothing for India's Migrant Workers -Sangeeth Sugathan and Nivedita Jayaram

-TheWire.in Earning less than a living wage, migrant workers resort to living in the open, in shared and cramped rented rooms, or within the workplace. The Union Budget, announced on February 1, has committed to provide assistance for building 3.7 million houses in urban areas in 2018-19 under the Pradhan Mantri Awas Yojana (PMAY). However, this does little to resolve India’s urban housing crisis, which affects the poorest and most marginalised populations...

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With Latest MSP Promise, the False Narrative Surrounding Costs and Farmer Incomes Continues -Ramandeep Singh Mann

-TheWire.in The need of the hour is to set up a farmer pay commission, which can fix a minimum assured income of a farmer household. About halfway during the budget speech – while announcing the government’s plans for dealing with India’s agrarian crisis – finance minister Arun Jaitley made a rather bizarre statement. Apparently, according to Jaitley, the Modi government has already provided more than 50% margin over cost of production for...

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Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy

-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...

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Budget 2018 and Agriculture: MSP promise fails to cut ice with farmers -Parthasarathi Biswas

-The Indian Express For farmers like Bhawane, it’s not the promised MSPs, but the prices for the chana and tur/arhar (pigeon-pea) they would be selling in the next fortnight or so that’s the real concern. Latur: Dhananjay Bhawane has little hope of the standing chana (chickpea) crop on eight out of his 10-acre field fetching anywhere near the government’s minimum support price (MSP) of Rs 4,400 per quintal, when it is...

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