-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
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India's rural inflation has started pinching
-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...
More »Charge farmers for water, remove sops on water-guzzling crops: report -Sanjeeb Mukherjee
-Business Standard Nabard-Icrier study calls for moving high-water reliant crops like sugarcane in Maharashtra, rice in Punjab to other areas; Gadkari says not possible. With India staring at a looming water crisis, a new study on ‘water productivity mapping of major crops’ has called for putting a price on water used for irrigation to at least recover operating and maintenance costs of structures like canals. It has also called for an end...
More »Proposal on cultivating GM mustard has not been shelved: Harsh Vardhan -Srishti Choudhary
-Livemint.com Harsh Vardhan says GM mustard is a very contentious issue and said a lot of opinions have been expressed for and against its introduction New Delhi: Even as the government continues to put on hold its final decision on release of genetically modified (GM) mustard for commercial cultivation, Union science and technology minister Harsh Vardhan said that the proposal has not been shelved and remains under consideration. Vardhan emphasized that GM mustard...
More »High Fuel prices singe farmers -Rutam Vora & TV Jayan
-The Hindu Business Line Middlemen can hike prices but producers lose margins Ahmedabad/ New Delhi: With the sharp increase in Fuel prices punching holes in agricultural incomes, a section of farmers are reviewing the mechanisation options. Diesel prices are up one-fourth over corresponding time last year. "The cost including transportation and pump-sets operation works out to about 25 per cent of the cost of production in various crops. Fuel costs are going up...
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