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Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari

-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...

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'Chana farmers to lose Rs 6,170 crore' -Jayashree Bhosale

-The Economic Times PUNE: Chana farmers stand to lose Rs 6,170 crore as they have not received the government assured minimum support price (MSP) for a good chunk of their crop, according to the ‘loot calculator’ of Jai Kisan Andolan (JKA), a movement which works for farmers’ rights. The Andolan, launched by Yogendra Yadav founded Swaraj Abhiyan, has gleaned this crop of data based on an expected production of 1,110 lakh Quintals...

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19 varieties of rice in 10 acres, NGO shows the way -Abha Goradia

-The Times of India NAGPUR: Reviving the debate once again over local indigenous variety versus the ones promoted by agriculture universities, an NGO Gramin Yuva Pragatik Mandal (GYPM) took up the challenge to prove that local indigenous seeds were more effective and scripted a success story. In the process, the NGO not just proved its claim right but also produced 19 traditional varieties of rice on a 10-acre plot within a...

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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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Will raising minimum support price necessarily lead to higher inflation? -Sanjeeb Mukherjee

-Business Standard High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact To what extent will the government’s efforts to increase minimum support prices (MSPs) and spread their benefits translate into food inflation? And if they do, which are the crops that will be instrumental in pushing the price level up? From the NITI Aayog to industry leaders to the Reserve Bank of India (RBI), all...

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