Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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What India’s farm crisis really needs -Christophe Jaffrelot and Hemal Thakker
-The Indian Express To solve India’s deep agrarian crisis, more public investment and government support are needed, not the new farm laws The farmers’ movement invites us to revisit the trajectory of India’s agriculture so as to understand its real problems. Beginning in the mid-1960s, India and, especially, Punjab experienced a massive productivity boom as a result of widespread adoption of Green Revolution technologies. This transition was driven by public investment in...
More »Punjab study links rise in farm incomes to FPO membership -Vikas Vasudeva
-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...
More »What trade freedom did to Bihar’s farmers -Sayantan Bera
-Livemint.com * In 2006, Bihar abolished state-run mandis. What followed is a forewarning for India’s new farm laws * The system is rigged in favour of the traders who cheat on every possible parameter—from weight to moisture level—which is why very few farmers come to Bihar’s mandis to sell produce ARARIA/ PURNEA: Biren Bahardar thinks he is too small to raise his voice. Local traders can fleece at will while purchasing his harvest....
More »To start direct payment of MSP to farmers, FCI asks Punjab govt for land records
-The Indian Express The March 4 letter said that FCI, Zonal Office (N), Noida, has directed that land records are a must for wheat procurement in RMS 2021-22. Jalandhar: The Food Corporation of India’s (FCI) Punjab office on Thursday wrote to the director of food, civil supplies and consumer affairs seeking land records of farmers so as to make direct online payment of Minimum Support Price (MSP) to their bank accounts from...
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