India has been lauded for its remarkable overall economic growth of over 8% over the last five years. But despite this high and relatively stable growth, India's underbelly is soft. The agriculture sector is performing below expectations, with growth rate of around 2.8%, it is way below the Eleventh Plan target of 4%. The Food and Agricultural Organisation (FAO) estimates that 22% of India's population is undernourished. Child malnutrition is...

The Vidarbha Jan Andolan Samiti (VJAS) has welcomed the government decision to raise the minimum support price (MSP) for pulses for the kharif season. The increase, which ranges from Rs 380 per quintal to Rs 700 per quintal, is part of the government’s strategy to boost production of pulses in the country. The hike in MSP for pulses this year is significant, both in terms of absolute increase and percentage...

IT’S NOW “look east’’ policy for the Krishi Bhawan as well. Keen to extend the green revolution to the eastern states, agriculture minister Sharad Pawar will be holding a day-long conclave with top-level representatives from six states — Uttar Pradesh, Bihar, Chhattisgarh, Jharkhand, Orissa and West Bengal — at Kolkata on July 10. On the discussion table will be ways to augment agricultural productivity in this region so as to...

The recent announcement of minimum support prices (MSP) for various Kharif crops has once again called into question certain aspects of the official policy towards agricultural pricing. True to pattern, it has come in late. The monsoon arrived at least a week before, and many farmers might have already chosen the crops to sow. The world over governments through their price support programmes, consisting of assured minimum prices and subsidies,...

While it may appear paradoxical that at a time when the government is fighting inflationary pressures, it has chosen to hike the minimum support price (MSP) for foodgrains, the reality is that prevailing market prices for almost all foodgrains, oilseeds and cereals are way above even these newly announced prices. Therefore, despite the substantial hike in MSP for kharif crops, especially for pulses, the impact on both market and farmers’...