-PTI The government has to walk a tightrope to balance farmers' and consumers' interest in view of the Budget announcement on MSP that could further push up inflation, industry body Assocham said today. In the Union Budget 2018-19, the government promised to fix the minimum support price (MSP) at 50 per cent higher than the cost of production. "The Budget with a huge focus on agriculture has raised expectation level in rural landscape....
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Jaitley clarifies on cost parameter to calculate MSPs to be paid to farmers -Sayantan Bera
-Livemint.com The finance minister’s clarification that the government will use the A2+FL measure to determine MSPs for crops is likely to disappoint farmer organizations Finance minister Arun Jaitley said on Friday that farmers would be provided 50% returns over and above what they spend on inputs such as seeds and fertilizers and an imputed value of family labour, clearing the confusion over which measure of cost of cultivation would be used to...
More »Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy
-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
More »Is the government marketing millets right? -Ranjit K Sahu, Ravi Shankar Behera, Bidyut Mohanty & Sibabrata Choudhury
-Down to Earth India requires policy changes to make millets an effective tool against malnutrition Nutrient-rich millets, which have been a crucial part of human diet since ancient times, have lost their importance due to globally commercialised agronomic practices to produce more foodgrains. Though awareness has been growing among the public in the recent years about the health benefits of a millet-based diet—high fibre, low carbohydrate, protein-rich and gluten-free—gaps persist on several...
More »Uttar Pradesh's Hot Potato: Another Farm Crisis Ignored -Kabir Agarwal
-TheWire.in Despite knowing the problem, both the state and central governments have failed to address the crisis that UP’s potato farmers are facing. Devi Singh (46) grows potatoes in the rabi season in Saras, a village of 1,200 people in Mathura, part of Uttar Pradesh’s potato belt. In 2017, he suffered massive losses as the price of potatoes in the wholesale market fell well below the cost of production. Last Thursday, he...
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