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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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Tackling the agrarian crisis, differently -V Kumaraswamy

-The Hindu Business Line The focus must shift away from sops, to raising farmers’ income by promoting better seeds and rejuvenating soil health Agrarian crisis is staring on our face and, as usual, a flood of familiar suggestions have resurfaced. The political responses have been on expected lines. Fixing MSPs (minimum support prices) at 50 per cent over costs is as disastrous as it can get. There is no inherent incentive in cutting...

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India's MSP programme for pulses under WTO lens -Amiti Sen

-The Hindu Business Line Canada, US serve counter-notification to India India’s minimum support price (MSP) programme for pulses has come under greater scrutiny at the World Trade Organization (WTO) with the US, Canada and Australia serving it a formal counter-notification, alleging that the subsidy involved was much higher than the permitted cap. The EU, New Zealand, Ukraine and Paraguay also joined the chorus against the country. Defending itself at the agriculture committee meeting...

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US, Canada may object to India's quantitative cap on pulses imports -Rutam Vora

-The Hindu Business Line Senior Commerce Ministry official says discussions will be conducted before a dispute is filed at WTO Ahmedabad: India is set for another trade face-off with the United States and Canada at the World Trade Organisation (WTO). According to a senior Union Commerce Ministry official, the US along with Canada is likely to raise objection at the WTO opposing quantitative cap on pulses imports. This is separate from the objections...

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Grain populism: As polls near, states embark on aggressive paddy procurement -Harish Damodaran

-The Indian Express Chhattisgarh, Bengal and UP emerge frontrunners in extending MSP-plus support to farmers Call it the impact of the ensuing national elections: Governmental procurement of rice, the country’s largest crop by planted area, looks set to surpass 40 million tonnes (mt) for the time ever in the current marketing year that runs from October to September. That would work out to more than a third of the total projected...

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