-The Indian Express To address farmers' woes, we need a multi-pronged strategy of income support, government investment, and institutional innovations, and not a one-size-fits-all approach. The two main policy interventions repeatedly discussed in recent months to tackle farmer distress — loan waivers and minimum support prices (MSP) — treat all farmers (large/small, male/female) alike. But farmers are heterogeneous. They differ especially by income, land owned and gender. And farmer dissatisfaction is...
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Explained: Why farmers in the sugar bowl of Western Maharashtra are angry -Parthasarathi Biswas
-The Indian Express Farmers protested violently over the weekend in support of their demand for a one-time payment of the fair and remunerative price. Ballooning cane dues could become a major issue as LS polls near. Pune: Sugarcane farmers in western Maharashtra Monday called off their violent four-day-old agitation, giving sugar mill owners and the government two weeks to find the money to pay them their full dues. The agreement was...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »CAG Criticises Modi Govt For Using Creative 'Off-Budget Financing' Techniques
-TheWire.in The national auditor believes that such methods allow the Centre to understate the true fiscal and revenue deficits in a given year. New Delhi: India’s national auditor has raised red flags over the Narendra Modi government’s propensity to borrow funds using “off-budget” methods, a practice that allows it to finance capital and revenue spending while maintaining deficit targets. The criticism comes from an audit report tabled in parliament on Tuesday, but is...
More »Farm crisis: Short-term palliatives are futile -G Chandrashekhar
-The Hindu Business Line To help farmers, a long-term plan to improve input delivery, irrigation and rural infrastructure is a must Some 60 years ago, the country’s first Prime Minister Jawaharlal Nehru said: “Everything can wait except agriculture”. But for the last two decades, agriculture has been waiting even as the economy has continued to make rapid strides. The country is today paying a price for the omissions and commissions of successive governments...
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