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India’s farm crisis

-The Financial Express Two years of bad rain makes even Punjab vulnerable When a Punjab is flagged as an area of some risk following bad rain, it is time to get seriously worried. The state may have, as ratings agency Crisil points out in its latest report on Indian agriculture, as much as 98.8% of its cropped area under irrigation, but with a 50.4% shortfall in rain last year and a likely...

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From farmer to businessman -Trilochan Sastry

-The Hindu The fact that food companies prosper but farmers commit suicide shows that profits are in the market, not the farm. It is time to replicate the Amul story many times over In the ongoing debates on the new land acquisition bill, the potential of agribusiness to address agrarian distress has not been explored. There are several domestic agriculture companies, both listed and private, that are doing extremely well amidst an...

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Thought For Food -Jean Dreze & Reetika Khera

-Outlook Even the worst-governed states can improve their PDS and ensure grain for the poorest. Look at Madhya Pradesh. THE National Food Security Act (NFSA),  2013, is not in very good health. Two years after it came into force, just a few states are implementing it. Others are still struggling with the identification of eligible households, public distribution system (PDS) reforms and other preparations. Yet, recent evidence suggests that some states...

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Free power, the bane of farming in Punjab -Arvinder Walia & Jasmine Sharma

-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...

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A policy failure in pulses -Ashutosh Kumar Tripathi

-The Financial Express The criteria for fixing MSP of pulses should be sensitive to prevailing market prices The agricultural price policy, which aimed at providing a remunerative and stable price environment to farmers through MSPs and obligatory procurement by government agencies, has helped India overcome massive food shortages to emerge as a net exporter of food. Though the Terms of Reference (ToR) of the Agricultural Prices Commission requires that policy-induced incentive should...

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