In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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Markets have failed to prop up farm incomes -Devinder Sharma
-The Tribune The economic argument in support of market reforms, claiming that farm incomes go up when the number of farmers recedes, has turned out to be untrue. America has lost more than 5 million farms in less than 100 years, and Australia 25 per cent of its farms between 1980 and 2002. The speed at which farmers across the globe have got out of agriculture hasn’t increased farm incomes, but...
More »Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1). Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne...
More »Fight against hunger disrupted by coronavirus-induced recession -Jagriti Chandra
-The Hindu Between 8.3 crore and 13 crore people globally are likely to go hungry this year. Between 8.3 crore and 13 crore people globally are likely to go hungry this year due to the economic recession triggered by coronavirus (COVID-19), warns the State of Food Security and Nutrition in the World (SOFI) 2020 report. Estimates drawn from data available till March 2020 show that almost 69 crore people went hungry in 2019...
More »Coronavirus outbreak: Food supply shadow on the poorest -Basant Kumar Mohanty
-The Telegraph As the virus spreads and cases mount, the supply chain involving agricultural inputs, production, transportation and shipping will be disrupted Thirty per cent of India’s lowest income class, already undernourished, could be hit the hardest by the coronavirus pandemic, going by the analysis of an official report and a warning from the United Nation’s Food and Agriculture Organisation. What might further aggravate the situation for the country’s working class, experts and...
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