-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

-The Hindu Business Line The dilution of government intervention in the form of minimum support prices, procurement and public distribution is undermining agricultural production in the country Farmer movements and farm loan waivers in different States have driven home the fact that the viability of agriculture is under challenge. This is surprising, since the comprehensive framework for reviving agricultural production, introduced in response to the agricultural crisis in mid-1960s, is in principle...

-Scroll.in The Swaraj India leader says the economy needs a big boost in the rural areas and for small scale manufacturers. In July, Yogendra Yadav, the national president of the Swaraj India party, embarked on a nationwide movement accompanied by activists and hundreds of farmers. Under the banner of the All India Kisan Sangharsh Co-ordination Committee, a coalition of more than 150 farmer unions across the country, the yatra was planned...

-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...