In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...

-The Indian Express An income transfer policy combined with direct cash transfer is the best way to help the farmer Losses in the recent elections to the assemblies of Chhattisgarh, Madhya Pradesh and Rajasthan have given the BJP a jolt. The party had misjudged the gravity of the farm distress problem till then: The Union agriculture minister described farmer agitations as “political drama”. However, the party not only acknowledges the crisis...

-Financial Express The government has asked the Ashok Dalwai committee to oversee the implementation of its recommendations so that the promise of doubling farmers’ income is achieved by 2022. The committee on doubling farmers’ income (DFI), headed by Ashok Dalwai, the CEO of Rainfed Area Authority, will act as an ‘empowered body’ to coordinate with different ministries as well as among various departments within the agriculture ministry, officials said. The empowered group will...

-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...

-Hindustan Times Pradeep Sharma, the farmer from Nagla Nathu village in Agra’s Baroli Aheer area, also alleged corruption in the agriculture department with regard to the crop insurance. Lucknow: An Agra-based farmer, who could save a mere Rs 490 after selling 19 tonnes of his potato crop, has sent the entire amount to Prime Minister Narendra Modi by money order as a protest. Pradeep Sharma, the farmer from Nagla Nathu village in...