-The Indian Express The main problem for farmers today is not production or having sufficient crop to sell. Instead, it has to do with prices that they are getting for their produce. The Met Department has forecast a third-in-a-row “normal” south-west monsoon this year, thanks to the very low probability of an El Nino event — the abnormal warming of the equatorial eastern Pacific Ocean waters, which is known to adversely impact...
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New MSP may drive up farmer income by 24% -Dipak K Dash
-The Times of India NEW DELHI: Prices available to farmers for their harvest could increase by about 15% as a result of the budget announcement to hike the Minimum Support Price (MSP), according to an estimate prepared by government’s think tank Niti Aayog. This is likely to raise the income of farmers by 24%, it has projected. While proposing three options in a draft document titled “Ensuring MSP Benefits to Farmers”, the...
More »Why do farmers go marching? -Aarati Krishnan
-The Hindu Farm distress is increasingly being triggered by excess output and falling prices, but policy fixes are yet to address this Why are Indian farmers perpetually in revolt? The question has been raised by many after the recent farmers’ march to Mumbai and simmering rebellions across the States in recent years. No doubt, agriculture is one segment of the economy on which vote-conscious governments haven’t skimped on outlays. Over the years, Central...
More »Wholesale Price inflation at a seven-month low of 2.48% in February
-PTI WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88% Inflation based on Wholesale Prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables. On the basis of the Wholesale Price Index (WPI), inflation was at 2.84% in January, and 5.51% in February 2017. WPI inflation at 2.48% in February is the lowest in seven months....
More »Farmer bodies announce public audit of MSP system -Sayantan Bera
-Livemint.com From 14 March the farmer organisations will carry out a public consultation and audit of the MSP system in mandis in eight states and raise the demand to make MSPs a legal entitlement for farmers New Delhi: Holding the government accountable for its budget promise of ensuring minimum support prices (MSP) to farmers, a host of farmer organisations on Wednesday flagged that the winter harvest of gram, lentils and mustard, which...
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