-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...
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Farm distress is now haunting us: NITI Aayog's Rajiv Kumar -Sayantan Bera
-Livemint.com The NITI Aayog and the government have decided to focus only and only on farmers and the agriculture sector, says NITI Aayog VC Rajiv Kumar New Delhi: The spectre of farm distress has finally begun to haunt policymakers and the government is doing everything it can to address the situation, Rajiv Kumar, vice-chairman of central government think tank NITI Aayog, said on Friday. “We in the NITI Aayog and the government have...
More »Maharashtra: Govt sees bitter truth in too much sugarcane -Shubhangi Khapre
-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...
More »'Either there wasn't an economist in Swaminathan panel, or he didn't know economics' -Swapna Merlin
-ThePrint.in Renowned agricultural economist Sardara Singh Johl takes on father of green revolution M.S. Swaminathan’s idea of raising MSP to 1.5 times the production costs. New Delhi: Renowned agricultural economist Sardara Singh Johl agrees with M.S. Swaminathan, the man credited as the father of the ‘green revolution’, on the futility of loan waivers to ease farm distress. But he disagrees with a much-touted recommendation of the committee on tackling the farm crisis Swaminathan...
More »Why crop prices are falling despite higher MSP, stiffer import tariffs -Rajalakshmi Nirmal
-The Hindu Business Line Surge in production of most crops; demand-supply equation driving prices The Centre’s moves to stop domestic market prices of agri commodities from falling, be it by increasing the minimum support price (MSP), hiking import duty or levying a minimum import price (as in the case of pepper), have not been effective. While market prices do go up in a knee-jerk reaction following the news, they soon revert to...
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