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MSP -- the factoids versus the facts -Reetika Khera, Sudha Narayanan and Prankur Gupta

-The Hindu The debate on agricultural issues must take into account the changed geography of procurement and the seller’s profile According to one definition, a factoid is “an item of unreliable information that is reported and repeated so often that it becomes accepted as fact”. After the passage of the three controversial farm laws, the Minimum Support Price (MSP) — not mentioned in the laws — has gained a lot of attention....

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Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton

-ThePrint.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a rational response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre incomes. They face a multiplicity of risks, which jeopardises even these low incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...

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The awkward myth of a revival in the country’s rural economy -Himanshu

-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...

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Doubling Farmers’ Incomes: A Critical Review of Policy -Sukhpal Singh

-Review of Agrarian Studies Farmers’ incomes continue to be a concern in India because of the ongoing agrarian distress in India and depressed markets for Agricultural commodities globally. The National Democratic Alliance government’s announcement that it would double farm incomes by 2022 led in 2016 to the establishment of a committee to devise strategies and mechanisms for doing so. The Committee on Doubling Farmers’ Incomes published its Report in 14 volumes....

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Price risks make farmers wary of private markets -Sayantan Bera

-Livemint.com For over 12 days now, farmers have been pressing the Centre to repeal a set of agriculture laws passed in September. Centre argues that the agenda is to offer choice to farmers while growers see unregulated private markets as a threat to minimum support prices. Mint explores. * Why are farmers more wary of pvt markets? Over the last five years, low global and domestic commodity prices have taken a toll on...

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