-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

-The Hindu Business Line There is no guarantee farmers’ income will rise as the methodology for estimating cost of production is outdated, defective Although the farmers’ agitation that lasted over one year was finally called-off, their demand for a law guaranteeing minimum support prices (MSP) for crops is continuing. Can the MSP be legalised in a country that produces about 1,000 million tonnes of agri-commodities? If so, who will benefit from it?...

-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some Agricultural Commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...

-The Hindu True agricultural reform rests with local governments, and States need to go back to the basics and expert suggestions The recent announcement by the Prime Minister that the Union Government would seek to repeal the three Farm Laws in the winter session of Parliament has prompted diverse reactions. On November 29, the first day in Parliament, the Farm Laws Repeal Bill was passed in the Lok Sabha without discussion. These...

-The Hindu Amul’s success does not seem to have become a catalyst for similar movements across other Agricultural Commodities Many wish for legendary “Milk Man of India” Verghese Kurien’s presence in our midst today as the conflict between the Central government and the farming community on the issue of the farm laws appears to be still unresolved. November 26, 2021 was also Kurien’s 100th birth anniversary. Kurien’s deep understanding of Indian farming...