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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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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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Maharashtra seen buying 4.5 lt of tur under price support scheme -Rahul Wadke

-The Hindu Business Line Online registration of farmers, higher moisture in the produce delay the procurement Mumbai: The targeted procurement of 4.46 lakh tonnes of tur (redgram or Pigeon Pea) in Maharashtra is expected to commence on a full scale by February 1. The Nafed procurement process is delayed as farmers have been asked to first register online for selling their produce. Sources in the Nafed said that about one lakh farmers have...

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After June and July showers, a dry August

-The Indian Express The consolation this time, though, is the surplus showers during June and July. It has resulted in the cumulative rainfall for the four-month southwest monsoon season (June-September) being only 4.3 per cent below normal till August 16. New Delhi: The current month is turning out to be the driest August in eight years. The country as a whole has received 25.6 per cent less area-weighted rainfall during August 1-16...

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Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran

-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...

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