-Down to Earth At a time when farmers strive to get the right price for crops, more money in their hands can help reignite the country's economy In 2019, three weeks after the kharif harvesting season began, reports emerged that farmers are selling their produce at a price way below the minimum support price (MSP) announced by the government. Except for a few crops like paddy and maize, market prices for most...
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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators
Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, Sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...
More »Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »Kharif planting lags despite MSP hikes, normal monsoon -Harish Damodaran
-The Indian Express One reason for the MSPs not having the desired impact could be the delayed announcement. Farmers usually make sowing decisions before the onset of the monsoon. New Delhi: The government may have substantially hiked minimum support prices (MSP) of crops being grown in the current kharif season. That, along with most parts of India receiving good rain until now, should have considerably boosted plantings by farmers this time. However, the...
More »Modi Government's 'Historic' MSP Hike Is Nothing More Than a Band-Aid for Farmers -Ishan Anand
-TheWire.in Not only has year-on-year MSP growth been much higher in previous years, the government still remains silent on how it will manage to increase procurement. The Narendra Modi government recently approved the decision to hike the minimum support price (MSP) for the kharif marketing season for 2018-19. The MSP for paddy has been increased by Rs 200 per quintal, and the MSP has gone up for other crops too. The minister of...
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