-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...
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Rich bloc wants poor nations to cut farm dole -Subodh Varma
-The Times of India After a bruising battle between the rich countries and blocs of not-so-rich ones, the Nairobi World Trade Organisation (WTO) meeting of 160 nations failed to reach an agreement on an issue that directly affects 250 million farmers and farm workers in India. One of the bitterest fights, continuing from previous rounds, saw India lead a group of nearly 50 developing countries to stave off attempts by richer...
More »The Problem in Dals
-Economic and Political Weekly Why has pulse production stagnated despite measures to boost production being well known? This season, the prices of pulses (dals) have been on fire. According to the Price Monitoring Cell of the Department of Consumer Affairs, Government of India, the average retail price of red gram (tuar) doubled from around Rs 80 a kg in March 2015 to Rs 150–Rs 160 a kg in November 2015. What could...
More »Rural distress intensifies
-Business Standard Unless irrigation expands, agriculture will not be drought-proof Even as India celebrates the golden jubilee of the Green Revolution, the National Sample Survey Organisation (NSSO) has come out with data indicating that nearly 70 per cent of farmers subsist on economically unviable farm holdings of less than a hectare in size. Over one-fifth of farm households report salaried employment, and not farming, as the prime source of their income. Around...
More »CCEA approves creation of buffer stock of pulses -Vikas Vasudeva
-The Hindu In a bid to keep pulses price under check, that went sky-rocketing during past few months, the Centre has now decided to create buffer stock of pulses. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for creation of buffer stock of pulses. The buffer stock will be created in current year itself. In its meeting held here, the CCEA has approved procurement of about 50,000 ton pulses...
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