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Budget 2018 and Agriculture: MSP promise fails to cut ice with farmers -Parthasarathi Biswas

-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...

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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...

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From plate to plough: The MSP smokescreen -Ashok Gulati & Ranjana Roy

-The Indian Express Government’s claim that it has given support prices that are 50 per cent over input costs to farmers is a sleight of hand. Tall talk could increase farmer resentment The finance minister (FM) has made a smart move by announcing in the Union budget speech that the government has already fulfilled its election promise of giving minimum support prices (MSPs) of at least 50 per cent higher than their...

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Agriculture: Budget promises MSP 50% above cost, doesn't define which cost -Harish Damodaran

-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...

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