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The MSP mirage hits Maharashtra's soya farmers -Rahul Wadke

-The Hindu Business Line Mumbai: Astride soyabean sacks, 33-year-old market intermediary Parmeshwar Suryavanshi is literally at the top of his game.   Suryavanshi belongs to the set of middlemen, locally called Adityas, at the Agriculture Produce Market Committee (APMC)-controlled marketyard at Latur in Maharashtra. Below MSP prices When he raises his voice to call out bids, he also raises prices of soyabean though not quite enough to reach the minimum support price (MSP) of ?3,050/quintal....

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Madhya Pradesh's new scheme to protect farmers against fall of crop prices stumbles at the start -Mridula Chari

-Scroll.in Halfway through the ambitious Bhavantar Bhugtan Yojana, farmers are protesting and accusing traders of suppressing prices. When the Madhya Pradesh government introduced the Bhuvantar Bhugtan Yojana in August it hoped the new scheme would assuage angry farmers and provide them a cushion against a possible price crash of farm produce. But in the first harvest season after the scheme was introduced farmers continue to get prices below their expectations. Many farmers...

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Will a pro-farmer trade policy help BJP electorally? -Sayantan Bera

-Livemint.com BJP-led central government has raised import duties on a range of edible oils, ahead of the crucial Gujarat assembly elections New Delhi: Ahead of the crucial Gujarat assembly elections, the centre last week raised import duties on a range of edible oils, in a bid to support growers who are bearing losses due to plunging domestic prices. On 17 November, India, the largest importer of edible oils globally, raised import duties on...

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A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni

-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...

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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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