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A reality check indicates that MSP set for 2019-20's kharif crops is not 1.5 times the 'C2' cost of production

  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...

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Opposition attacks Modi govt's new labour law, calls it a fraud on workers -Krishnanand Tripathi

-The Financial Express Labour Laws: The new code proposes to merge four laws but it has come under criticism from the opposition. The Code on Wages, 2019: The Opposition has come down heavily the Code on Wages, 2019 introduced in the Lok Sabha on Tuesday, terming it anti-worker. The legislation introduced by labour minister Santosh Gangwar leaves fixing of minimum wages to state governments instead of recommending a national minimum wage. The...

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Information recharge: Meet Devansh Mehta of CGnet Swara -Ishan Kukreti

-Down to Earth Devansh Mehta believes that people can be sensitised through incentives, be it as small as mobile top-ups In 2016, when Devansh Mehta was asked to sensitise tribal people about the Forest Rights Act, 2006 (FRA), he came up with a simple solution: “Give them an incentive. They will come on their own.” Raipur-based non-profit CGnet Swara, where Mehta heads sustainability initiatives, implemented his proposal on an experimental basis and...

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Record paddy procurement may pay off for Congress in Chhattisgarh -Sidharth Yadav & Priscilla Jebaraj

-The Hindu Raipur: Selling his paddy crop was a pleasantly different experience this year for Yogesh Nareti, a farmer with 17 acres of land in Makadi village in Chhattisgarh’s Kanker district, which goes to the polls this week. “During the BJP reign, selling the produce at Large-sized Agricultural Multipurpose Cooperative Societies (LAMPS) was tedious. The entire process used to take two months,” he recalls. “Now, besides offering a lucrative MSP [minimum support...

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Food for thought for the new govt -Siraj Hussain

-The Hindu Business Line Given the ballooning costs of storing grain, there is an urgent need to cut down excessive procurement of rice and wheat In 2018-19, wheat procurement at 35.8 million tonnes (mt) was the second highest ever. It is estimated that by the end of kharif marketing season in September, rice procurement may also touch an all-time high of 45 mt. With such high procurement, one of the first difficult...

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