-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what Farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
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Are loan waivers the only way to help Farmers? -Sanjay Kaul
-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...
More »Leaders from Oppn, BJP pointed out 'corruption' in tur procurement; Maharashtra yet to take firm action -Partha Sarathi Biswas
-The Indian Express The procurement process also faced several allegations of corruption and favouritism. However, even months after the concerns were raised, the government is yet to take any action on them, reveals the RTI. Pune: Across party lines, political leaders had raised questions about the process to procure over 3 lakh tonnes of tur by the National Agricultural Cooperative Marketing Federation of India Ltd, or NAFED, last year, revealed response to...
More »The limits of MSP -Ashok Gulati & Tirtha Chatterjee
-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for Farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of cooperative federalism, it is the agriculture sector. It can benefit people more...
More »Bihar: 48 per cent rain deficit, 35 districts stare at drought -Santosh Singh
-The Indian Express Though drinking water supply has not been hit yet, officials said that as per the assessment of the public health and engineering department, the water table has gone down by one to three feet in 28 districts as compared to last year. Patna: As many as 35 of the 38 districts in Bihar stare at drought because of a 48 per cent rain deficit at the end of three...
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