-The Times of India NEW DELHI: Moving to fulfil its budget promise and address political heat over farmer discontent, the government is set to announce a new minimum support price (MSP) regime that will provide farmers a profit margin of 50% over cost of production. The additional bill is likely to be around Rs 33,500 crore. The new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy...
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Cut their shackles: Why usual methods to rescue farmers will fail, and what can work in their stead -Prerna Sharma Singh
-The Times of India blog Dozens of farming groups determined to stall supply of fruits, vegetables and dairy products to major Indian cities is a clear indicator of growing rural discontent that the Modi government has been struggling to deal with for quite some time, amidst supply glut and depressed farm produce prices. Worried that unhappy farmers could cost BJP dearly in upcoming state and national elections, the government has promised to...
More »MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra
-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...
More »Govt eyes increasing millet output to 45 mt by 2030 -TV Jayan
-The Hindu Business Line Centre on a mission mode to promote these nutri-cereals New Delhi: The Centre is drawing up an ambitious plan to increase millet production in the country to 45 million tonnes (mt) by 2030 from the current levels of 17 mt, a senior Agriculture Ministry official said on Thursday. “The government would like to promote millets from this year onwards. This year has been declared as year of millets. Over...
More »Introducing ragi in the PDS is fraught with challenges -Mamata Pradhan and Devesh Roy
-Hindustan Times Unless consumer preferences shift to climate resistant crops, goals associated with the policy won’t materialise After a gap of three years, the Karnataka government has reintroduced ragi/finger millet in its public distribution system (PDS). To feed the PDS system, the government has announced a procurement price much higher than the market price and introduced bonuses. With interventions on the sides of both production as well as consumption, the objectives are...
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