-The Hindu Business Line Eminent agriculture scientist MS Swaminathan, Chairman of the much discussed Farmers’ Commission whose report mooted an MSP at 50 per cent above cost, feels that income support can be given in the form of free inputs or higher procurement as well. While welcoming ‘PM-Kisan’, he says cash transfer should not become a form of patronage and that the focus should shift from loan write-offs to long-term policies....
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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
More »Centre approves Operation Green pilot in 8 states -Jitendra
-Down to Earth17 clusters have been chosen in 8 states to roll out the pilot of Operation Green, a Central scheme aimed to contain annual price distress of tomatoes, onion and potatoes Nine months after announcing ?Operation Green? to provide the rightful price to farmer producers, the Union government has prepared guidelines to implement the operation. The scheme was devised to contain the annual price distress of tomatoes, onion and...
More »Farm support prices come with hidden costs -Ashima Goyal
-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
More »As garlic prices drop, government intervention in Rajasthan, MP brings farmers little relief -Mridula Chari
-Scroll.in Madhya Pradesh has added garlic to its price deficit payment scheme while Rajasthan has decided to procure the crop. Last year, Bunty Rawal planted garlic on six acres of his land in Khardabad village in Rajasthan’s Kota district. He reckoned it was a good decision. High quality garlic was selling for around Rs 12,000 a quintal at the time, he said. However, he managed to make only around Rs 5,000 as...
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