-The Indian Express Government should devise a crop-neutral incentive structure to attract farmers to pulses over paddy. Policymakers and consumers can rejoice in the light of the latest price data. Food inflation in particular has witnessed significant moderation. In May 2015, food prices were up by only 2.3 per cent at wholesale and 5 per cent at retail levels over May last year. The increases in minimum support prices for the...
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Centre hikes minimum support price for pulses and paddy
-Hindustan Times The Centre on Wednesday hiked the minimum support price for pulses by up to Rs 275 a quintal for the year and also approved an increase of Rs 50 in MSP for paddy. The MSP for paddy will now be Rs 1,410 per quintal. Hikes in MSP are known to help farmers, which in turn can incentivise them and boost their overall agricultural output. The Cabinet Committee on Economic Affairs (CCEA)...
More »Soften the harsh realities of farming -Satvinder Kaur Mann
-The Tribune Transformative approaches to agriculture are the need of the hour. For this, we have to impart climate resilience and rehabilitate economically stressed farming communities of agriculturally developed regions. Since more than two decades now, farmers have been committing suicides in India, a fact that reflects the harsh realities of farming. Most of these farmers were traditional family farmers, leading a lifestyle based on traditions and beliefs. The intensive commercial commodity-based...
More »Narendra Modi’s Bharat challenge: Low production, dipping income -Harish Damodaran
-The Indian Express Dealing with the farm distress, while simultaneously creating enough non-farm job opportunities, is going to be a tough task. Call it bad luck or otherwise, the Narendra Modi government’s first year in office hasn’t been a really great one for agriculture and rural incomes. To start with, rainfall was deficient in both the south-west (June-September) and the north-east (October-December) monsoon seasons by over 12 per cent and 33 per...
More »All ears for farm reforms -Harish Damodaran
-The Indian Express One area that has seen some reform, though, relates to minimum support prices (MSP) payable on official paddy and wheat purchases. The “perfect storm” kicked up by extreme weather events and lower crop price realisations — not to mention the political backlash resulting from its controversial land acquisition ordinance — has meant that the first year of the Modi sarkar has gone by without any major reforms in...
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