-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...
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Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari
-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...
More »Farm distress: direct income support 'less distortionary', says ICRIER study -TV Jayan
-The Hindu Business Line New Delhi: Giving direct income support (DIS) to farmers — similar to what Telangana recently launched — may be a better option than the price deficiency payment (PDP) scheme or higher minimum support price (MSP) to address farm distress, according to a new study. Paying higher MSP based on cost-plus pricing would lead to market distortion. PDP schemes such as Bhavantar Bhugtan Yojana (BBY), which was in force...
More »Farmers' organisation launches daily MSP alert
-The Hindu The MSP alert will be published on social media handles of the Jai Kisan Andolan and associated organisations Two months after the Finance Minister’s Budget announcement of a minimum support price (MSP) at least 50% above the cost of production, Farmers’ organisation Jai Kisan Andolan has launched a daily news alert, tracking the ground reality regarding MSP. The MSP alert will be published on social media handles of the Jai...
More »How the state and the market failed farmers -Sarthak Gaurav
-Livemint.com Farmers continue to be vulnerable to frequent episodes of losses that neither the state nor the markets have been able to mitigate The dramatic long march to Mumbai involving thousands of distressed farmers on 12 March is a remarkable feat of peaceful protest against the state, given its apathy towards farmers’ distress as well as its failures in safeguarding tribal land rights. However, what is surprisingly missing in this poignant narrative...
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