-Deccan Chronicle The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022. New Delhi: The Narendra Modi-led NDA government presented the Union Budget 2018-19 on Thursday. In the last full-fledged Budget of the BJP government Finance Minister Arun Jaitley tabled a lot of proposals for the agriculture and the rural economy. For agiculture sector, the Budget 2018...
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Taking their cue from economic survey, activists attack govt for failing to address farm concerns -Vishwa Mohan
-The Times of India NEW DELHI: Flagging poor returns to farmers due to low minimum support price (MSP) and inadequate market interventions, farm activists on Tuesday demanded setting up a permanent statutory commission on farmers' income and asked the government to take measures to ensure remunerative prices to cultivators and make the farming climate resilient. Pointing at the economic survey which found only a slight increase in real agriculture income in the...
More »Budget 2018: Focus on MSP ideal for tackling farm distress -Ramesh Chand
-The Economic Times The agriculture sector and farmers are passing through a difficult phase. The sector suffered a blow from back-to-back droughts during 2014-15 and 2015-16 followed by low and depressed farm level prices during 2016-17 and kharif 2017, mainly due to global price trends. This has intensified the demand for ensuring MSP (minimum support price) and raising MSP. The forthcoming budget needs to take a call to launch effective measures to...
More »Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal
-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
More »Tracing the economic roots of discontent among farmers -Roshan Kishore
-Hindustan Times Farmers have experienced a growing mismatch between their production efforts and incomes under the Narendra Modi government. The coming union budget will have to find a balance between two contradictory FDs: farm-distress and fiscal discipline. The choice is not going to be an easy one. Ignoring farm-distress in the last full-fledged budget before elections could be politically suicidal. Meanwhile, there are at least two things that could make the government slip...
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