-Financial Express Water resources minister Nitin Gadkari said on Thursday it was practically difficult for sugarcane farmers in Maharashtra to abandon the water-guzzling crop and shift to other crops, as the latter are less remunerative. “I ask as a farmer. I will not undertake the sugarcane crop, you tell me what should I do…. The price of non-basmati rice is `13-14 per kg, which is peanuts and look at the price (escalation)...
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Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari
-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...
More »Will raising minimum support price necessarily lead to higher inflation? -Sanjeeb Mukherjee
-Business Standard High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact To what extent will the government’s efforts to increase minimum support prices (MSPs) and spread their benefits translate into food inflation? And if they do, which are the crops that will be instrumental in pushing the price level up? From the NITI Aayog to industry leaders to the Reserve Bank of India (RBI), all...
More »MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra
-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...
More »Waiving off loans not a solution -Ashok Gulati and Gayathri Mohan
-The Indian Express First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. Farmers deserve appreciation for...
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