-Livemint.com Wide disparities in agri-marketing regulations have resulted in fragmented markets across states. The new farm bills aim to change this but the jury is still out on whether it will have the intended impact. On 26 September, Government Procurement of food crops commenced across the country, five days in advance, following the enactment of three contentious farm bills. Under the new policy regime, farmers need not sell their produce through designated...
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Explained: Why it’s an underestimate to say only 6% farmers benefit from MSP -Harish Damodaran
-The Indian Express The actual number could be anywhere between 15 per cent and 25 per cent. “Only 6% of Indian farmers benefit from minimum support prices (MSP)”. So widely-quoted is this figure — especially in the context of the recently-passed Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act — that it has become a factoid or even truism. What is, isn’t counted The apparent source of the 6% figure is the Shanta...
More »A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das
-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...
More »Farm Act wants farmers to sell outside mandis, but most already do so -Vignesh Radhakrishnan, Sumant Sen and Naresh Singaravelu
-The Hindu Majority of farmers unaware of MSP programme, say latest available survey data One of the chief aims of The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 is to unshackle farmers from notified markets. Prime Minister Narendra Modi said that small and marginal farmers “for the first time, have got an alternative to bargain for the price of their produce. The tradition earlier was to sell in mandis.” However, latest...
More »Sonia Gandhi asks Cong.-ruled States to bring in their own farm laws
-The Hindu This will alleviate farmers from grave injustice done by Modi govt, says statement. Congress president Sonia Gandhi has directed Punjab, Rajasthan, Chhattisgarh and Pudducherry Chief Ministers to explore the possibility of passing laws to override the three agricultural laws passed recently by Parliament. A statement issued by party general secretary (organisation) K.C. Venugopal said that these States have been told to pass laws under Article 254 (2) of the Constitution that...
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