When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...
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Mustard may gain area at the cost of chana, wheat this year -Vishwanath Kulkarni
-The Hindu Business Line Farmers likely to switch over as oilseed prices are 67% higher Vs MSP Mustard is set to gain area from wheat and chana as farmers are seen planting more of the oilseed crop this rabi sowing season. The trade expects farmers to increase the area on account of higher prices and favourable climate, even as the early sowing has begun in the key producing States of Rajasthan and...
More »How important is MSP-based procurement -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org Though not featuring in any of the three farm laws, the Minimum Support Price (MSP) at which the government promises to procure 25 different commodities through different agencies, is a central issue in the standoff between the government and protesting farmers. The latter fear that the implementation of the three laws will end the MSP regime, with the government withdrawing from procuring output at a remunerative cost-plus price. The response...
More »Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey
The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...
More »Amid protests, Centre hikes minimum support price for rabi crops -Priscilla Jebaraj
-The Hindu The Centre has increased the minimum support price (MSP) for wheat for the upcoming rabi season to ₹2,015 per quintal, a 2% hike from the ₹1,975 per quintal rate of last year. Oilseeds and pulses such as mustard, safflower and masoor dal saw higher MSP increases of up to 8% in a bid to encourage crop diversification, according to a statement on the decision of the Cabinet Committee on Economic...
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