A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
More »SEARCH RESULT
Total Matching Records found : 97
Punjab assures timely payments for wheat to farmers
-IANS Chandigarh: Dispelling the apprehensions of arthiyas (foodgrain commission agents), Punjab Chief Secretary Karan Avtar Singh on Thursday assured them that the prevalent system of payments to farmers for their produce would continue during the ongoing Rabi Marketing Season (RMS) and timely payments would be made through the arthiyas. "The Chief Secretary asked the Food Department to ensure that payments to farmers are made strictly within 24 hours of the purchase of...
More »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...
More »In election year, farmer on centrestage -Harish Damodaran and Parthasarathi Biswas
-The Indian Express The new year could witness the first national elections being fought on farmers’ issues. And it could test both the ruling BJP pushed to the defensive, particularly in the larger sugar-producing states, and the Congress under pressure to deliver loan waivers If 2017 saw the beginnings of agrarian unrest in large swathes of the country, 2018 brought it centrestage as the numero uno political issue. And almost everyone’s...
More »Bearish signals: When minimum support price is only on paper
-The Indian Express For the Modi government and farmers, it’s not MSPs for rabi, but below-MSP rates for kharif crops now being marketed, that should really worry. New Delhi: Promising something is much easier than having the capacity to deliver. This is a reality that the Narendra Modi government may have to reckon with in the current kharif marketing season itself, even as it has announced a fresh round of minimum support...
More »
