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The MSP Illusion -Ajay Vir Jakhar

-The Indian Express Raising procurement prices of kharif crops will only give false hope to farmers. Has the winter of farmers’ discontent turned into a glorious summer by the significant hike in minimum support price (MSP) for kharif crops announced two weeks ago? The hike is unlikely to stem the rural unrest that is gnawing into the ruling alliance’s votebank. The PM has had to personally defend the government’s programmes that have...

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Modi's Flagship Crop Insurance Scheme Wavering as Farmers Continue to Suffer -Bani Bedi

-TheWire.in In Maharashtra, a mere 7% of total claims have been settled under the Pradhan Mantri Fasal Bima Yojana. New Delhi: In April this year, Beed district in Maharashtra won an award for ‘effective implementation’ of the Pradhan Mantri Fasal Bima Yojana (PMFSBY) – the Centre’s flagship crop insurance scheme for farmers. However, last week it was reported that farmers in Beed were provided compensation amounts of Re 1, Rs 2,...

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Hike in MSP is political, say farmers -Sreenivasa Rao Dasari

-Deccan Chronicle Seek a state-level intervention corporation. Hyderabad: The latest decision of the Centre to enhance minimum support price (MSP) for 14 crops has triggered a fresh debate on the cost of production and the procurement mechanism. Farmers say that the increase in MSP was a mere political decision and nothing has happened in reality, while agriculture experts agree that lack of consensus and clarity on support price is further adding to...

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MSP For One Third of Total Production. What About the Rest? -Subodh Varma

-Newsclick.in Govt. buys only about one third of the total rice and wheat produced and MSP is paid for that only. The recent announcement of Minimum Support Prices for 14 kharif crops including paddy and many coarse grains has been met with a frenzy of self-congratulation by the Modi govt. and the BJP, egged on by an embarrassingly sycophantic mainstream media. Many have however pointed out that the declared MSP is...

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The food economy: A Catch-22 for policymakers

-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...

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