-Business Standard The MSP is declared for 23 crops. This means that farmers of other crops or those trying to diversify under contract farming would not have the MSP protection of the Bills Much was made of the Punjab government’s plan to reject the three central laws on agri markets and provide its own protection to famers, especially on prices for their produce. But, the two Bills presented in the state legislature...
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Bihar Shows What Happens if Agri-Trade is Left to ‘Free Market’ -Subodh Varma
-Newsclick.in In 2006, chief minister Nitish Kumar scrapped the APMC Act in Bihar and the destructive effects can be seen in the seething anger amongst farmers. What the Narendra Modi government recently did through passing laws to deregulate agricultural trade, Bihar chief minister Nitish Kumar had accomplished 14 years ago, in 2006. Soon after becoming chief minister in alliance with Bharatiya Janata Party (BJP), he scrapped Bihar’s Agricultural Produce Marketing Committee (APMC)...
More »Sonia Gandhi asks Cong.-ruled States to bring in their own farm laws
-The Hindu This will alleviate farmers from grave injustice done by Modi govt, says statement. Congress president Sonia Gandhi has directed Punjab, Rajasthan, Chhattisgarh and Pudducherry Chief Ministers to explore the possibility of passing laws to override the three agricultural laws passed recently by Parliament. A statement issued by party general secretary (organisation) K.C. Venugopal said that these States have been told to pass laws under Article 254 (2) of the Constitution that...
More »The men behind APMC, MSP and procurement -Harish Damodaran
-The Indian Express The idea of a Minimum Support Price for crops came first from a visiting US soil scientist and fertiliser expert The institution of ‘mandis’ is as old as markets where wholesale trading in primary produce has been taking place since time immemorial. APMCs or Agricultural Produce Market Committees are of more recent vintage and the creation of Sir Chhotu Ram. In 1939, the legendary farmer leader, as Development Minister in...
More »Explained: What is the basis of MSP? How is it fixed, and how binding is it? -Harish Damodaran
-The Indian Express The newly passed farm trade Bill has raised concerns that farmers may no longer be assured MSP for their crop. But MSP isn’t even mentioned in the new law or in existing ones. How is it fixed, and how binding is it? The recently enacted law that dismantles the monopoly of APMC (agricultural produce market committee) mandis, thereby allowing sale and purchase of crops outside these state government-regulated market...
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