-The Indian Express Government’s claim that it has given support prices that are 50 per cent over input costs to farmers is a sleight of hand. Tall talk could increase farmer resentment The finance minister (FM) has made a smart move by announcing in the Union budget speech that the government has already fulfilled its election promise of giving minimum support prices (MSPs) of at least 50 per cent higher than their...
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Agriculture: Budget promises MSP 50% above cost, doesn't define which cost -Harish Damodaran
-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
More »Will linking MSP with cost really have any benefits? No, say farmers & experts -Chitleen K Sethi
-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...
More »Centre ready to share burden of states' kisan welfare plans -Vishwa Mohan
-The Times of India NEW DELHI: As different states have come out with various schemes to protect farmers from price volatility, the Centre has expressed its willingness to support them all within the existing schemes and may even spend more in 2018-19 to procure agricultural and horticultural commodities at remunerative prices. "We will not reject states' requests. We would like states to procure as much as required to reduce farmers' pain and...
More »Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal
-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
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