-The Times of India blog With little over than a year left for the 2019 general elections, the Narendra Modi led NDA government has finally remembered the farmers of the country. Last week, finance minister Arun Jaitley said agriculture sector is the government’s top priority in this year’s budget. This has left many surprised considering BJP had promised to ensure a minimum of 50% profit over cost of production in their...
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A way to manage falling prices of pulses -C Rangarajan & Shashanka Bhide
-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...
More »The MSP mirage hits Maharashtra's soya farmers -Rahul Wadke
-The Hindu Business Line Mumbai: Astride soyabean sacks, 33-year-old market intermediary Parmeshwar Suryavanshi is literally at the top of his game. Suryavanshi belongs to the set of middlemen, locally called Adityas, at the Agriculture Produce Market Committee (APMC)-controlled marketyard at Latur in Maharashtra. Below MSP prices When he raises his voice to call out bids, he also raises prices of soyabean though not quite enough to reach the minimum support price (MSP) of ?3,050/quintal....
More »Price collapse: The MSP mirage -Parthasarathi Biswas
-The Indian Express Modi government’s decision to hike import duty on edible oils has come too little, too late for soyabean farmers Latur: Arun Kulkarni planted soyabean on 10 out of his 14-acre holding in the recent kharif season and harvested 65 quintals of the crop towards September-end. But unlike most of his neighbours, this farmer from Tandulja village in Latur — Maharashtra’s largest soyabean-growing district and the country’s No. 2...
More »A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni
-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...
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