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Rythu Bandhu scheme: Is RBS a panacea to loan waivers? -Kushankur Dey

-Financial Express With the 2019 Lok Sabha elections approaching, the government plans to offer a stimulus package in the form of agricultural investment support scheme and group insurance to farmers, which could otherwise subsume the fumes of the farm loan waiver burden. Can the government consider Telangana’s Rythu Bandhu Scheme (RBS) on a scaled down version? RBS has a grant component of Rs 4,000 per acre per farmer for one season (kharif/rabi)....

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Policy must tackle not just dissatisfaction of large farmers, but distress of most vulnerable -Bina Agarwal

-The Indian Express To address farmers' woes, we need a multi-pronged strategy of income support, government investment, and institutional innovations, and not a one-size-fits-all approach. The two main policy interventions repeatedly discussed in recent months to tackle farmer distress — loan waivers and minimum support prices (MSP) — treat all farmers (large/small, male/female) alike. But farmers are heterogeneous. They differ especially by income, land owned and gender. And farmer dissatisfaction is...

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The pulse of Indian agriculture -Devesh Chaturvedi

-The Pioneer Government policies for the pulses sector have helped overcome multiple challenges. Effective implementation of an integrated module can solve most farm problems Agricultural transformation is high on everybody’s agenda today. Various stakeholders, including experts, policy-makers and political executives, have expressed their views on how to move forward with agricultural policies so that our farmers can prosper. However, performance of policies and strategies that are already in their implementation stage will...

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Addressing agrarian distress: An alternative 'area planning' price support scheme for farmers -Sher Singh Sangwan

-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...

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Farmers bear the burden of deflation -Harish Damodaran

-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...

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