-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
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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 »Farm support prices come with hidden costs -Ashima Goyal
-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
More »The Great Transparency 'Jumla'
-Newsclick.in Electoral bonds are neither 'transparent' nor 'anonymous'. In the latest revelation, file notings of the Election Commission of India (ECI) have showed that it had decided against uploading a letter – which talked about its reservations regarding the Finance Act, 2017 and introduction of the electoral bonds – on their website. The notings have been disclosed through a response to an application under the Right to Information Act (RTI) filed by...
More »Boom in farm produce not reason enough to celebrate -Kiran Pandey
-Down to Earth Farmers are in distress owing to low farm prices, poor logistics for transport and government-assured purchases The concept of ‘the more, the merrier’ doesn’t apply to farm produce and farmers’ state as much as the government thinks. Increasing production can’t be directly translated into better financial situation of farmers. According to the agriculture ministry latest estimates, in 2017-18, the total horticulture production of the country was 307.2 million tonnes, which...
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