-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...

-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...

-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...

-Business Standard High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact To what extent will the government’s efforts to increase minimum support prices (MSPs) and spread their benefits translate into food inflation? And if they do, which are the crops that will be instrumental in pushing the price level up? From the NITI Aayog to industry leaders to the Reserve Bank of India (RBI), all...

-Frontline.in The government ought to have specified its definition of cost of crop production in the Budget to prevent any confusion in the minds of people on minimum support prices. Speaking at the Krishi Unnati Mela 2018, Prime Minister Narendra Modi reportedly complained that confusion was being spread about the announcement on minimum support prices (MSPs) made in the Finance Minister’s 2018 Budget speech. The speech had assured farmers that they would,...