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COVID-19: What fiscal steps are needed to ensure food security -Gurpreet Singh and Nilachala Acharya

-Down to Earth Procurement at the doorstep, direct income support and reaching out to farmers can help in easing farming operations at this crucial time The extension of the nationwide lockdown to combat the novel coronavirus disease (COVID-19), though necessary, will lead to a further suspension of work and no wages and means for families to support themselves. The activities in manufacturing and services, that provide non-essentials, may be suspended, though with serious...

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Minimum support prices for winter crops up 5-7%

-Financial Express Robust production doesn't necessarily boost farmers' earnings. In the case of many crops, including oilseeds and pulses, the procurement levels are crucial and even the price support scheme sans procurement doesn't seem to be working on the groun The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved modest increases of 5-7% in the minimum support prices (MSP) for rabi crops for the 2019-20 season. Even as the winter sowing...

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Rice-wheat stocks at record high, govt clueless -Subodh Varma

-Newsclick.in Offtake from the Public Distribution System is stagnating although there are millions who need more food. Cereal stocks of wheat, rice and coarse grains maintained in the so-called central pool hit an all-time high of 742 lakh tonnes in July this year and in August were only slightly lower at 713 lakh tonnes, according to the department of food and public distribution’s monthly bulletin. Compared with 2015, grains stocks have zoomed...

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Despite floods, government eyes record foodgrain output

-The Times of India NEW DELHI: Backed by consistent progress in sowing of kharif crops, the Centre on Monday said it was hopeful of achieving its record foodgrain production target of 291 million tonnes in the 2019-20 crop year (July-June) even as floods in some parts hit the summer crops. It is expected that light rains of short duration, as predicted in subdued monsoon phase in the coming weeks, will prove...

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Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna

-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...

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