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IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera

-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...

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MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra

-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...

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From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee

-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...

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10% drop in farm suicides, 11,000 cases in 2016: Govt -Vishwa Mohan

-The Times of India NEW DELHI: Farmer suicides declined by nearly 10% in 2016 as compared to a year earlier, though the rate at which farmers took their lives continued to be at least one every hour. Maharashtra continues to be at the top in recording the highest number of farmer suicides in India. Provisional figures for the year 2016, disclosed by agriculture ministry in Lok Sabha on Tuesday, show that the...

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Bhavantar Yojna: MP farmers refuse to sign up for 2nd round -Banjot Kaur

-Down to Earth Most of the over 200 farmers Down To Earth talked to in 6 villages of Hoshangabad and Sehore districts said they would not register for the Bhavantar Bhugtan Yojna for the rabi season When Madhya Pradesh Chief Minister Shivraj Singh Chouhan announced Bhavantar Bhugtan Yojana (BBY) in August 2017 to compensate farmers for the losses they would suffer by selling their crops below the minimum support price (MSP)...

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