-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
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Will linking MSP with cost really have any benefits? No, say farmers & experts -Chitleen K Sethi
-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...
More »For India's Farmers, Budget 2018 Is Nothing but a Hoax -Kirankumar Vissa
-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
More »Will the Budget stimulate farmers' income? -Devinder Sharma
-The Tribune The farmer is crying for structural change to make the agriculture sector vibrant so that it serves as a pivot for revival of the rural economy, thereby creating employment opportunities for the youth, says Devinder Sharma After two consecutive years of back-to-back bumper harvest in 2016 and 2017, prices for almost all the crops had crashed forcing the farmers to dump their produce onto the streets at many a places....
More »Agri experts call for income security, price support for farmers
-The Hindu Business Line Meet Jaitley for pre-Budget discussion New Delhi: Experts from the agriculture sector have sought measures to offset the impact of inflation on crops and income security for farmers and also debated the farm loan waiver at a pre-Budget meeting with Finance Minister Arun Jaitley on Tuesday. This was the first such meeting and the Finance Minister will meet more sectoral groups this week to get their proposals for the...
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