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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From Plate to Plough: A win-win deal -Ashok Gulati
--The Indian Express Replacing subsidies with direct cash transfers to farmers’ accounts will empower them as well as consumers. In her budget speech, the Union finance minister (FM) said: “At the centre of everything that we do, we keep gaon, garib aur kisan in mind.” Here then is a small mantra for her to transform the lives of the kisan and the poor in rural areas. Just streamline the food and...
More »Will PM-Kisan Eventually Evolve and Replace Farm Subsidies During Modi 2.0? -Siraj Hussain
-TheWire.in While the scheme has laid the foundation, its expansion will, like the GST, require a great deal of political consensus across states. The Narendra Modi government’s interim budget, which was announced in February 2019, brought a bonanza for farmers. Piyush Goyal, who was the finance minister when Arun Jaitley was on medical leave, announced a new scheme called the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) under which Rs 6,000 per year...
More »Major farmer unions of India resolved to uphold farmers' seed rights
-The Economic Times Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the Conference resolved that they will not allow another “PepsiCo India Vs Farmers episode” to recur in India. PUNE: Farmers’ movements have decided to put up a collective fight to ensure that farmers’ seed freedoms in India are not violated in any way, in a People’s Conference held here today. Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the...
More »Govt eyes direct transfer of fertilizer subsidy -Dipak K Dash
-The Times of India NEW DELHI: In its bid to disincentivise farmers from excessive use of chemical fertilizers, the government is preparing to move on a long considered proposal for direct cash transfer of the subsidy amount to farmers’ bank accounts. The funds transferred will be used only for buying soil nutrients while two options are being explored to decide the cash subsidy — either by fixing the amount per acre/hectare or...
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