-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...
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Doubling of farmers' income: Time to swing into action - Here is why -T Nanda Kumar
-The Financial Express Increasing farm productivity alone will not help raise farmers’ income and may even be detrimental. the need is to diversify farmers’ sources of income. One of the most important statements made in recent times by the government was the declaration of its intention to double farmers’ income by 2022. The statement of prime minister Narendra Modi in Bareilly on February 28, 2016, must have made the farmers leap with...
More »NITI Aayog misses deadline to suggest MSP procurement model, farmers continue to bear brunt -Anuradha Shukla
-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as NITI Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...
More »Farm distress is now haunting us: NITI Aayog's Rajiv Kumar -Sayantan Bera
-Livemint.com The NITI Aayog and the government have decided to focus only and only on farmers and the agriculture sector, says NITI Aayog VC Rajiv Kumar New Delhi: The spectre of farm distress has finally begun to haunt policymakers and the government is doing everything it can to address the situation, Rajiv Kumar, vice-chairman of central government think tank NITI Aayog, said on Friday. “We in the NITI Aayog and the government have...
More »Farmer support: Centre looking to spend Rs 200-250 bn on MSP procurement -Sanjeeb Mukherjee
-Business Standard Decision likely soon, states will be free to adopt one or more of the models suggested New Delhi: The Central government is looking at spending a minimum of Rs 200-250 billion initially along with the states in ensuring that farmers get the benefit of Minimum Support Price (MSP) either through direct procurement of goods or a system of Price Deficiency Payment on the lines of Madhya Pradesh’s Bhawaantar Bhugtan Model. Officials...
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