-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
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1,092 farmers commit suicides in Maharashtra in 5 months -Priyanka Kakodkar
-The Times of India MUMBAI: Maharashtra has recorded 1,092 farmer suicides till the end of May this year according to official data. This is lower by only 72 cases compared to 2017 despite a loan waiver being declared in the state a year ago. While there has been a marginal dip in the total cases, the arid and deprived Marathwada region has seen a rise in these five months. It has recorded...
More »India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi
-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...
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 »Failed borewells and farmer suicides: The human cost of Anantapur's agrarian crisis -Haripriya Suresh
-TheNewsMinute.com Water is a resource that will never run out, they say; but its scarcity has been the undoing of many families in Kadiri, a town in Andhra Pradesh’s Anantapur district. Anantapur district has seen varying degrees of drought for many years now. Barren lands and wilting crops are a common sight in these parts. The sun beats down on you and wears you out, and there is no water in...
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