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Impact of farm bills on markets and farmers: Five indicators to track -Sayantan Bera

-Livemint.com * The upcoming kharif harvest season will put the new regime to test and farm unrest may spread beyond Punjab and Haryana if crop prices take a hit NEW DELHI: The new legislations that look to rejig India’s vast and fragmented agriculture markets together with amendments to the Essential Commodities Act are significant structural changes brought in by the Narendra Modi government. So far protests by farmers have largely concentrated in...

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Why farmers are not cheering their exceptional feat this kharif season -Richard Mahapatra

-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips   It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...

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MGNREGA work demand drops in July 2020 as labourers get jobs in farms -Sanjeeb Mukherjee

-Business Standard Despite the drop, however, demand is almost 71% more than July 2019 After seeing a surge in May and June, demand for work under Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) tapered a bit in July as casual labourers returned to work in farms for sowing Kharif Crops. However, demand was still much higher compared to the previous years, underlining the scheme’s vital role in providing employment to the rural poor,...

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CCEA nod for sharp hike in MSP for pulses, oilseeds

-The Hindu Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for agriculture and allied activities, till August 31, 2020. The Cabinet Committee on Economic Affairs (CCEA) on Monday approved an increase in the minimum support prices (MSPs) for all mandated Kharif Crops, including paddy, pulses and cotton, for the 2020-21 marketing season. The Union Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for...

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Centre hikes support prices of Kharif Crops -Sayantan Bera

-Livemint.com * But the marginal increase is unlikely to cheer farmers hit by falling prices * The increase in MSP ensures that farmers will receive a price between 50% to 83% over their production costs, agriculture minister Narendra Singh Tomar says NEW DELHI: The central government on Monday announced minimum support prices (MSPs) of 14 Kharif Crops, planting for which will begin shortly with the progress of the annual monsoon. MSPs of major rain-fed...

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