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Post Independence, markets have failed Indian farmers
Reiterating what a former US Agriculture Secretary Earl Butz (at the time of Richard Nixon) had once given a call: “Get big or get out,” Sonny Perdue, US President Donald Trump’s Agriculture Secretary too recently said: “In America, the big get bigger and the small go out. I don’t think in America, (as) for any […]
Aren’t mainline economists lazy?
If making Minimum Support Price (MSP) a legal right for farmers “will spell disaster in the markets, and private players will hesitate to enter into the market,” the fundamental question that protesting farmers are asking – how will the central agricultural laws then bring farmers a higher income – remains unanswered. No one is telling […]
Agriculture has the potential to turn into a powerhouse of economic growth.
As India completes 73 years of Independence, agriculture has emerged as the mainstay of the economy. Serving as a much needed lifeline during the Covid-19 crisis, Indian agriculture is poised to grow by an estimated 3 per cent in 2020-21 prompting the Reserve Bank of India (RBI) Governor Shaktikanta Das to acknowledge that at a […]
Why is MSP important for farmers?
At a time when I see an euphoria among mainline economists over the new set of agricultural reforms, media reports say the Commission for Agricultural Costs and Prices (CACP) has observed that only 12 per cent of the country’s paddy cultivators were able to sell their produce at the guaranteed Minimum Support Price (MSP) in […]
Continuing drought in framing farmer-friendly policies has to end.
It doesn’t even shock anymore. At a time when consumers shell out Rs 40 per kg for bhindi, wholesale price for this vegetable has dropped to Rs 1 per kg in Badwani in Madhya Pradesh. Media reports showed how an irate farmer had used a tractor-driven cultivator to flatten the standing crop in four acres. […]
MSP provides farmers with a price assurance — My Interview.
A day ahead of another round of talks between farmers and the Union government, agriculture expert Devinder Sharma tells The Indian Express how the current protests are being watched across the globe and how India can rebuild its agri economy by using assure price. What is your take on the three farm laws that the Centre terms […]
India needs a rethink on ‘free market’
All of us like chocolates. But the next time you bite into a chocolate bar, just be reminded. The average income a cocoa farmer earns a day is probably less than the price of a medium-sized chocolate bar that is in your hands. About Rs 100 ($1.30) a day is what a cocoa farmer in […]
The demand for minimum assured price has global implications
Addressing the Oxford Real Farming Conference last week, I said that the iconic farmers’ movement in India will have tremendous global implications. If the Indian farmers succeed in making Minimum Support Price (MSP) a legal right, it will cause major disruptions in international trade with focus shifting from trade competitiveness to first ensuring that livelihoods […]