In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »Desert blues -AM Jigeesh
-The Hindu Business Line The BJP faces its toughest battle in Rajasthan, where rural agrarian distress is more acute than elsewhere It has been a long summer for Anirudh Meena. The farmer from Kota in Rajasthan is still waiting for the government to financially compensate his brother Hukumchand Meena’s family. A garlic farmer, Humukchand took his life in May, after the price of the bulb came crashing down, leading to heavy financial...
More »In the Year of Millets, Coarse Grains Remain Neglected Despite Nutritional Benefits -Siraj Hussain
-TheWire.in The government cannot procure the entire production of millets in the country and the only way to ensure profitability for millet farmers is to promote domestic consumption. On October 3, the government announced the minimum support prices (MSP) for Rabi crops that will be sown between October and December. While the MSP for wheat has been raised by 6.1%, that of safflower has seen an increase of 20.6%, the highest. These...
More »Bearish signals: When minimum support price is only on paper
-The Indian Express For the Modi government and farmers, it’s not MSPs for rabi, but below-MSP rates for kharif crops now being marketed, that should really worry. New Delhi: Promising something is much easier than having the capacity to deliver. This is a reality that the Narendra Modi government may have to reckon with in the current kharif marketing season itself, even as it has announced a fresh round of minimum support...
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