The much hyped hike in the MSP of 14 crops is too little and most farmers are unlikely to benefit
EUPHORIA. That’s what the Modi government was hoping for earlier this month when it announced an “unprecedented hike” in the minimum support price (MSP) of 14 crops. But it seems to have proved a damp squib, with farmers’ groups planning a twoday meeting to chart out their protest plans. The new MSPs announced on July 4 are based on a formula to calculate the cost of pro duction that differs from the formula favoured by farmers themselves, and the increase is being criticised as insufficient. The government is using the A2+FL formula, with A2 covering input costs such as expenditure on fertilisers, seeds, hired labour, fuel, irrigation etc., while FL is the imputed value of unpaid family labour. The alternative is the C2+50 per cent formula, where C2 also takes into account rent on land and interest on capital—the National Commission on Farmers headed by M.S. Swaminathan recommended this formula as over 20 per cent of cultivation in India occurs on rented land. But the government has been steadfast in telling Parliament and the Supreme Court that it did not favour the C2 formula.
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India Reads Korea
Books, comics and webtoons by Korean writers and creators-Indian enthusiasts welcome them all
The K-kraze
A chronology of how the Korean cultural wave(s) managed to sweep global audiences
Tapping Everyday Intimacies
Korean filmmaker Hong Sang-soo departs from his outsized national cinema with low-budget, chatty dramedies
Tooth and Nail
The influence of Korean cinema on Bollywood aesthetics isn't matched by engagement with its deeper themes as scene after scene of seemingly vacuous violence testify, shorn of their original context
Beyond Enemy Lines
The recent crop of films on North-South Korea relations reflects a deep-seated yearning for the reunification of Korea
Ramyeon Mogole?
How the Korean aesthetic took over the Indian market and mindspace
Old Ties, Modern Dreams
K-culture in Tamil Nadu is a very serious pursuit for many
Lamp of the East
Young girls express their love and facination for Korean culture
Annyeonghaseyo, Patna
Bihar's capital city's heart beats for all things Korean
An Aggressive Wave
Korean music stars (K-pop idols) are reaching out to audiences or consumers through their works on every possible platform. These platforms range from the purely cultural to the political. They are seen and heard on social media everywhere, and even the United Nations is not left behind. Recently, South Korea (hereafter referred to as Korea), has been in the global spotlight due to a few major events. For example, Korean author Han Kang giving her Nobel acceptance speech while Korea's streets overflowed with people marching against the president and demanding his impeachment. K-pop artists are not distant from the political picture. The popular band BTS turned down the invitation for the president's inaugural performance. On the other hand, Girls' Generation (SNSD) performed the song Into the New World on the occasion of the president's impeachment by the National Assembly. Ironically, one group turned down the performance to avoid getting politicised while the other proactively performed for a political cause.
