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Maharashtra: In three months, 639 farmers committed suicide owing to crop failure and debt

-The Indian Express "Of the 188, families of 174 farmers have received compensation," Revenue Minister Chandrakant Patil said, saying 122 cases were declared ineligible for compensation, while 329 cases are pending for further investigation. New Delhi: Maharashtra Revenue Minister Chandrakant Patil has said 639 farmers have committed suicide in three months (March to May) this year due to pressing debt, crop failure and the inability to repay bank loans. Patil was replying...

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Haryana government's hyped MSP scheme for vegetables comes a cropper -Sukhbir Siwach

-The Indian Express After the market rates crashed to Rs 1-2 per kg, only 565 tomato growers across Haryana received the average price difference payment of Rs 2,136. Kurukshatra: Jasbir Saini shows a message on his iBall mobile phone displaying an amount of Rs 296 credited to his bank account. That’s what the 47-year-old has received as “differential price” on the distress sale of his tomato crop under the Haryana government’s Bhavantar...

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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)

-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...

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Hike in MSP is political, say farmers -Sreenivasa Rao Dasari

-Deccan Chronicle Seek a state-level intervention corporation. Hyderabad: The latest decision of the Centre to enhance minimum support price (MSP) for 14 crops has triggered a fresh debate on the cost of production and the procurement mechanism. Farmers say that the increase in MSP was a mere political decision and nothing has happened in reality, while agriculture experts agree that lack of consensus and clarity on support price is further adding to...

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MSP -- Unfair to farmers in food bowl states -Manjit S Kang

-The Tribune The input costs of only chosen farmers are considered to decide the MSP. This is unfair to the farmers of the 'Granary of India' as their input costs are much higher than those of farmers from the rest of the country. In the Indian system, farmers are the only 'businessmen' who cannot set their own price for their products —foodgrains. Even a 'rehrhi-wala' sets his own price daily for whatever...

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