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'Rationalising subsidies, improving infrastructure could revive agri-sector' -Kiran Pandey

-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...

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Reform agriculture marketing systems to address farm distress -Sudipto Mundle

-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...

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Farm support prices come with hidden costs -Ashima Goyal

-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...

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Why are farmers angry -Harish Damodaran

-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income growth from the Central Statistics Office. The accompanying table shows two sets of growth figures. The first is...

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Why do farmers go marching? -Aarati Krishnan

-The Hindu Farm distress is increasingly being triggered by excess output and falling prices, but policy fixes are yet to address this Why are Indian farmers perpetually in revolt? The question has been raised by many after the recent farmers’ march to Mumbai and simmering rebellions across the States in recent years. No doubt, agriculture is one segment of the economy on which vote-conscious governments haven’t skimped on outlays. Over the years, Central...

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