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MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years

  In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...

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Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma

-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...

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Government may sow big scheme to weed out farm distress -Deepshikha Sikarwar

-The Economic Times With the general election a few months away, the central government has begun crunching the numbers in preparation for a comprehensive programme to help farmers tide over challenges posed by a dip in prices and dwindling incomes. The government is keen on a more substantive intervention than a loan waiver at the central level to alleviate agrarian distress besides stepping up investments in the sector, having concluded that writing...

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The political economy of the persistent agrarian crisis -Himanshu

-Livemint.com Loan waivers and the promise to raise MSP cannot solve the problem The victory of Congress party in the recent assembly elections of Chhattisgarh, Madhya Pradesh and Rajasthan has brought the agrarian crisis in rural areas to the centre of political debate. While there are several factors in election victories, the severity of the agrarian unrest was surely a major factor. While there is consensus that the incumbent Bharatiya Janata Party...

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Farm suicide as an indicator of agrarian crisis should be used with caution

Passionate about the deepening of agrarian crisis, quite often journalists and media persons cite figures related to farm suicide (as provided by the National Crime Records Bureau) in order to draw the attention of the readers. They do so in the following ways: * Compare the absolute number of farm suicides (viz. suicide by cultivators + suicide by agricultural labourers) across regions/ states for a particular time point or time period...

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