-TheWire.in If Modi wants to pull India out of the ‘Cereals Trap’, the path lies through the creation of infrastructure for agriculture. Five weeks after the Farmers agitation began, and a day after the Supreme Court urged the government to put the three farm bills passed in September on hold, PRIme Minister Modi has finally agreed to hold talks with their leaders. But what will he hold talks about when neither he, nor...
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MSP only real risk protection for farmers, says new study -Chetan Chauhan
-Hindustan Times In Punjab, 90% of the agri produce is traded at markets regulated under the Agriculture Produce Marketing Committee (APMC) Act by licensed commission agents. Bihar abolished the APMC Act in 2006 and traders and PRIvate players can buy produce directly from farmers. Farmers in fully regulated agriculture markets in Punjab got 30% more PRIce for their produce in 2018-19 than those in totally unregulated markets in Bihar and partially regulated...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »MSP -- the factoids versus the facts -Reetika Khera, Sudha Narayanan and Prankur Gupta
-The Hindu The debate on agricultural issues must take into account the changed geography of procurement and the seller’s profile According to one definition, a factoid is “an item of unreliable information that is reported and repeated so often that it becomes accepted as fact”. After the passage of the three controversial farm laws, the Minimum Support PRIce (MSP) — not mentioned in the laws — has gained a lot of attention....
More »Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton
-ThePRInt.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a rational response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre incomes. They face a multiplicity of risks, which jeopardises even these low incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...
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