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Bhavantar Bhugtan Yojana: Madhya Pradesh to extend scheme to four rabi crops -Milind Ghatwai

-The Indian Express The scheme was introduced in October last year, four months after Farmer unrest claimed six lives. The registration for rabi crops — chana, mustard, lentil and onion — will begin from February 12 at 3,500 primary agriculture co-op societies and continue until March 12. Bhopal (M.P.): Encouraged by response to Bhavantar Bhugtan Yojana (BBY), a price deficiency payment scheme implemented last year for eight kharif crops in the wake...

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Fixing a high MSP not a solution to agrarian crisis: P Sainath -Vishakha Chaman

-The Times of India CHANDIGARH: The farm crisis is something more than a minimum support price (MSP) issue, said Ramon Magsaysay award winner and renowned journalist P Sainath, who was at Institute for Development and Communication to deliver a public lecture on inequality and agrarian distress on Monday. The agrarian crisis, Sainath said, is no more a measurement of input cost. It is not just the measure of the loss of...

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Agriculture needs a cure more than quick fixes -T Sarita Reddy

-The Hindu Policy should address credit, crop insurance, drip irrigation The government’s efforts to focus on the welfare of Farmers in the Union Budget is admirable. However, in a zero-sum situation such as budget allocation, the government often finds itself trying to choose between short-term results and long-term benefits. Short term results might come with loan waivers and increase of Minimum Support Price (MSP), but care should be taken to address the...

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Why MSP at 1.5 Times Cost Is Another Empty Promise for Farmers -Kabir Agarwal

-TheWire.in Arun Jaitley’s Budget speech was vague on the details, and closer inspection reveals that it was also misleading. Arun Jaitley, presenting his fourth Budget as finance minister, announced that he is fulfilling a promise made by his party in the election manifesto for the 2014 Lok Sabha elections – the promise of a minimum support price (MSP) that is 50% higher than Farmers’ cost of production. “Government has decided to keep...

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Size of tax rebates is large as compared to spending by agricultural & rural development ministries

Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...

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