-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...

-ThePrint.in The FM knew that the media would not spend that much of time and attention on farmers. He knew that on farmers, you need not put your money where your mouth is. I type the finance minister’s name very carefully. He is “Jaitley”, and not “Jaitlie”. I bow to India’s Parliament and note that the spelling of his name is a matter of national interest. Now I wait for Parliament to...

-The Indian Express Minimum temperatures are likely to come down by 2-3 degrees Celsius in Northwest, Central and Western India over the next 48 hours, the IMD said. The current spell of rain in North and Central India will be beneficial to the standing Rabi crop, especially wheat, though there are concerns over chana (chickpea) and masur (lentil) that are in the maturity or harvesting stages. “This rain is very good for wheat...

-TheWire.in The need of the hour is to set up a farmer pay commission, which can fix a minimum assured income of a farmer household. About halfway during the budget speech – while announcing the government’s plans for dealing with India’s agrarian crisis – finance minister Arun Jaitley made a rather bizarre statement. Apparently, according to Jaitley, the Modi government has already provided more than 50% margin over cost of production for...

-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...