-The Hindu Rabi marketing season kicks off in Punjab Saturday but, until Thursday, the state and central governments had been locked in a tussle over the mode of payment to farmers. Chandigarh/New Delhi: A “threat”, some fireworks, and a concession — it was after a super-charged two-hour meeting between its ministers and Union Consumer Affairs, Food and Public Distribution Minister Piyush Goyal Thursday that Punjab finally agreed to introduce direct benefit transfer...
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Mandi prices rule below their minimum support prices as rabi arrivals peak
-Financial Express While wheat prices may firm up once the official procurement begins in all the producing states, the government will have to implement a robust procurement system for other crops to support the prices fetched by farmers. Mandi prices of most rabi crops ruled below their minimum support prices (MSPs) during the last month, even as more than half of the winter crop has been harvested (see chart). While wheat prices...
More »RBI sanctions Rs 21K crore: Punjab gets CCL for wheat procurement
-The Indian Express The Central government has fixed the Minimum Support Price (MSP) of wheat at Rs 1975 per quintal, hiking it by Rs 50 from last year’s Rs 1925 per quintal. Chandigarh: Ahead of the wheat procurement that starts from April 10 in the state, the Reserve Bank of India (RBI) on Monday cleared a sum of Rs 21,658.73 crore towards Cash Credit Limit (CCL) up to end April, 2021 for...
More »Centre praises Rajasthan’s achievements in ration card scheme
-The Hindu Make the process for procurement of wheat offline in current season, says Jaipur . JAIPUR: The Centre has praised the achievements of Rajasthan in the implementation of “one nation, one ration card” scheme to enable the migrant workers and their family members access the benefits of PDS from anywhere. Rajasthan is the 12th State to successfully undertake the reform. Union Food Secretary Sudhanshu Pandey, who was on a visit to the...
More »‘Negative support’ to Indian farmers: myth or reality? -Sachin Kumar Sharma, Paavni Mathur and Raihan Akhter
-Frontline.in The argument that the Indian farmer is overburdened by “negative support” has become contentious in the context of the recent farm laws. In reality, this does not hold up to scrutiny. In the heat of the ongoing protests against the new farm laws, some views have emerged that the state has saddled the Indian farmer with excessive taxes. In support of this contention, methodology and data from the Organisation for Economic...
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