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MSP was not 1.5 times the cost of production for most Kharif crops during the last 6 agricultural years

i marketing season (RMS) 2018-19 at least at 1.5 times the cost of production, said Jaitley. He added that the NDA government decided to extend that formula for fixing MSP for the rest of crops (viz. Kharif crops). So, his government decided to fix MSP for all the unannounced Kharif crops at least at 1.5 times of their production cost. This move was seen by the finance minister as an important step towards

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Farm loan waivers can derail India's growth story -Ramesh Chand

ly raised MSP for kharif 2018 and rabi 2019 crops. Simultaneously, the government also expanded procurement operations to oilseeds and pulses. This has pulled up the farm harvest prices of almost all Kharif crops in the 2018 harvest season, though mandi prices in many cases and crops remained below MSP. This was the first season after the announcement of MSP based on the new cost concept and procurement operations did not go as far as planned. Paddy f

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Slackening of demand indicators weakens India's growth impetus -Aanchal Magazine

-The Indian Express Farmers getting lower prices for their produce, much lower than the minimum support prices announced by the government for the Kharif crops this year, has hit the rural consumption demand story. New Delhi: The consumption-driven story of India’s economic growth is expected to face a slowdown as wide concerns emerge about the weakening rural demand. At a time when public expenditure is likely to be curtailed by the

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Deflation in WPI of 8 Kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate

, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government at the Centre. An analysis of 14 Kharif crops, namely paddy, jowar (sorghum), bajra (pearl millet), ragi (finger millet), maize, arhar/ tur (pigeon pea), moong, urad (black gram), cotton, groundnut, soyabean, sunflower seed, sesamum and Niger seed by the Inclusive Media for Change team h

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Farm suicide as an indicator of agrarian crisis should be used with caution

of agrarian crisis.       References Commodity prices reported below MSP in mandis, http://agmarknet.gov.in/PriceAndArrivals/frmMarketPricesbelowMSP.aspx MSP for Kharif crops 2018-19, please click here to access   ADSI Reports, NCRB, please click here to access Table 1.18 Production of Important Crops in Three Largest Producing States in 2016-17 in Statistical Appendix, Economic Survey 2017-18, p

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Fields of ferment -Ashok Gulati

sh; have openly admitted that the farm crisis is a reality and drastic measures are needed to mend matters. The government’s latest big ticket announcement on agriculture was that of MSPs of Kharif crops at 50 per cent margin over cost A2+FL. But as I have written in several earlier pieces in this newspaper, market prices remain way below the MSP. The government is not capable of procuring large quantities of as many as 23 commodities for whi

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Agriculture ministry withdraws report that said demonetisation adversely affected farmers

nable to buy seeds and fertilisers for winter crops because of the Narendra Modi government’s decision to demonetise Rs 500 and Rs 1,000 currency notes. At the time, farmers were either selling Kharif crops – harvested around October and November – or sowing rabi crops, which is done around mid-November. The latest report, however, claims that the the farm sector saw an “encouraging growth” in the inflow of agriculture

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Why parties prefer freebies to investments in election manifestoes -Ashok Gulati

are urgently needed in agriculture. The prime minister’s promise to double farmers’ real incomes by 2022-23 cannot be realised with loan waivers and higher MSPs. Even the current MSPs of Kharif crops that have been announced on the formula of 50% margin over cost A2+FL does not give much comfort to farmers as the market prices of most of the Kharif crops are reeling way below (10%-40%) their an

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Drought warning

monsoon’s failure in the second half of the season. The rains were, in fact, quite good in most of these areas during June-July. The monsoon’s timely arrival led to the area sown under Kharif crops being more or less normal. Farmers were, however, caught unaware by the extended dry spell from August, when their already planted crops were in the late vegetative growth stage. The ones with some irrigation facilities would well have saved

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Farmers badly hit by demonetisation, admits Agriculture Ministry -Sobhana K Nair

‘Not enough cash’ The report submitted by the Ministry of Agriculture, reviewed by The Hindu, said that demonetisation came at a time when farmers were engaged in either selling their Kharif crops or sowing the Rabi crops. Both these operations needed huge amounts of cash, which demonetisation removed from the market. “India’s 263 million farmers live mostly in the cash economy,” the report said, adding, “millio

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