-The Indian Express First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. Farmers deserve appreciation for...

-Livemint.com The strategy for doubling farmer incomes will differ from state to state, and from one region to another even within a state After two consecutive years of drought, in 2014-15 and 2015-16, farmers of many crops were hit by low market prices in several states in 2016-17. In view of widespread discontent, there is a sense of urgency about addressing their issues. Therefore, the conference organized by the ministry of agriculture...

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing Productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...