-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...
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How Will India Fare in the Brewing Global Food and Fertiliser Crisis? -Kaushal Shroff
-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...
More »UP Polls: Farmers Most Deprived of MSP in Double Engine State -Subodh Varma
-Newsclick.in Just 15% of wheat and 32% of rice was procured by the government at MSP rates. The rest was sold below MSP to traders. Uttar Pradesh (UP) produced 58.32 million tonnes of food grains in 2020-21, the highest among all states. It was nearly 19% or one-fifth of the country's production. Foodgrains include wheat and rice, the two major crops, and various coarse cereals and pulses. UP was the country’s leading...
More »Crop Insurance: An Overview from Situation Assessment Surveys -Rakesh Kumar Mahato and Sanjukta Chakraborty
-Foundation of Agrarian Studies Crop loss is a common characteristic of agricultural households in rural India. Various factors cause crop losses such as the abnormal behaviour of monsoon, i.e. excessive rainfall or drought, cyclones, lightning, storm, diseases, insects, animals, and so on. Crop insurance acts as mechanism to cope with the problem of crop loss, specifically to reduce the impact of income loss for the agricultural households. This blog will draw a...
More »How important is MSP-based procurement -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org Though not featuring in any of the three farm laws, the Minimum Support Price (MSP) at which the government promises to procure 25 different commodities through different agencies, is a central issue in the standoff between the government and protesting farmers. The latter fear that the implementation of the three laws will end the MSP regime, with the government withdrawing from procuring output at a remunerative cost-plus price. The response...
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