A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
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To transform the agrarian sector, a focus on deep-rooted structural issues is needed
-The Telegraph The BJP government must realize that it cannot and should not be done by income transfers alone A new scheme, the Pradhan Mantri Kisan Samman Nidhi, was announced in the interim Union budget presented earlier this year. It was stated that under this scheme farmers holding up to two hectares of land would be entitled to Rs 6,000 every year, to be paid from the budget in three equal instalments....
More »Cash transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury
-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say cash transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...
More »A drop in an ocean of debt: how farmers have benefited from Rythu Bandhu -Priscilla Jebaraj
-The Hindu The first transfer of money under the PM-KISAN scheme is scheduled for Sunday. Priscilla Jebaraj reports from villages in Warangal, Telangana on how farmers have benefited from Rythu Bandhu, the income support scheme seen as the inspiration behind PM-KISAN Early one morning in the second week of February this year, A. Kumaraswamy, 30, set out from his home in Devanoor village in Telangana’s Warangal district and walked towards his cotton...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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