-The Hindu Business Line The AASHA scheme promises better returns on crops, but implementation is the key With the decades-old minimum support price (MSP) system failing to address the crisis at the farm gate, the three schemes that are a part of AASHA – the Price Support Scheme (PSS) itself, the Price Deficiency Payment Scheme (PDPS) and the Pilot of Private Procurement and Stockist Scheme (PPPS) – point to an innovative, MSP-plus...
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Will the new scheme give Aasha to farmers? -Devinder Sharma
-The Hindu Business Line Hiking MSPs is not enough. The govt must work out a mechanism to provide income transfers to farmers The launch of a new umbrella scheme — Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) — last week, is a response to the growing farmers’ anger over the last few years. Farmers have been demanding an assured income to emerge out of the continuing agrarian crisis. With open Market prices...
More »Oil marketing companies again hike petrol, diesel prices
-The Hindu The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. Mumbai: State owned oil marketing companies (OMCs) have again increased the price of sensitive petroleum products like petrol and diesel in the country on Sunday. The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. While petrol costs ? 89.29...
More »Why do India and US disagree on farm subsidies? -Dipti Jain
-Livemint.com Roots of disagreement lie in how farm support is calculated under WTO, with US blaming India for under-reporting subsidy given for wheat and rice Bengaluru: Farm subsidies seem to have become a major flashpoint in the escalating global trade war. In May, India came under attack from the US for its minimum support price (MSP) policy for foodgrain. India hit back, along with China, to demand that developed nations give up...
More »India may see another bumper harvest better than last year's -Madhvi Sally
-The Economic Times NEW DELHI: The government is optimistic of another bumper harvest with output to be similar to last year’s or better, as crop planting and the monsoon season are at the tail end. It also doesn’t expect floods to have any major impact on production. However, some analysts raised concerns over the distribution of rains that they said were erratic, and in deficit in several states. But trade doesn’t expect...
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