-The Indian Express For farmers like Bhawane, it’s not the promised MSPs, but the prices for the chana and tur/arhar (pigeon-pea) they would be selling in the next fortnight or so that’s the real concern. Latur: Dhananjay Bhawane has little hope of the standing chana (chickpea) crop on eight out of his 10-acre field fetching anywhere near the government’s minimum support price (MSP) of Rs 4,400 per quintal, when it is...
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India's largest onion wholesale market to go online -Nanda Kasabe
-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...
More »How a Good Yield of Crop became a Problem of Plenty for the Potato Farmers
-Newsclick.in Farmers all over the potato belt are dumping their produces out on the roads, as the Yogi government continues to ignore their plight. Shamsher Singh, a farmer from Agra, Uttar Pradesh, is a worried man. He produced 100 sacks of potatoes this season but could sell only fifty of them that too at the rate below his investment in the produce, in a desperate hope to get some money back in...
More »Bhavantar Bhugtan Yojana: Madhya Pradesh to extend scheme to four rabi crops -Milind Ghatwai
-The Indian Express The scheme was introduced in October last year, four months after farmer unrest claimed six lives. The registration for rabi crops — chana, mustard, lentil and onion — will begin from February 12 at 3,500 primary agriculture co-op societies and continue until March 12. Bhopal (M.P.): Encouraged by response to Bhavantar Bhugtan Yojana (BBY), a price deficiency payment scheme implemented last year for eight kharif crops in the wake...
More »Size of tax rebates is large as compared to spending by agricultural & rural development ministries
Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
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