-The Indian Express It is important to evaluate the consequences of the Centre’s Agriculture policy. With elections around the corner, it’s too late for a course correction of the farm sector, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...

-The Hindu M.P., Gujarat likely to opt for new payment scheme Despite patchy rainfall in some parts, the Agriculture Ministry has set a foodgrain production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year’s harvest of 284.8 million tonnes. Rainfall deficit during the current monsoon season is now at 10%, according to the Indian Meteorological Department. “Some areas got extra rainfall, some areas were deficient. But in spite of...

-TheWire.in The Price Deficiency Payment Scheme will likely exclude small and marginal farmers, disincentivise efficient farmers and does not have inadequate registration of farmers. The Narendra Modi government announced three new schemes for farmers under one umbrella scheme named PM-AASHA, aimed at ensuring minimum guarantee prices for the farm produce. These three schemes – Price support scheme (PSS), Pilot of Private Procurement & Stockist Scheme (PPPS) and Price Deficiency Payment Scheme (PDPS)...

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...

-The Hindu Business Line Targets 45 mt from nine crops by 2022 Bengaluru: After giving a fillip to the production of pulses through various strategies, the Agriculture Ministry is focussing on boosting oilseeds production over the next four years. The Ministry has proposed various strategies, including promoting the cultivation of oilseeds in non-traditional areas and cropping seasons besides targeting rice fallows to boost the domestic output, which could help reduce import dependence for...