The government would do well to fix flaws in the basic MSP structure before rolling it out for all crops.
AVIK SAHA, CO-CONVENOR of Jai Kisan Andolan campaign, has had a new routine from April 3. Every day, he collects and shares the real prices farmers fetch in mandis (agricultural markets) for a crop – he monitors about 20 crops – on the social media. The “MSP (minimum support price) Alert” initiative reveals the difference between the government fixed MSP and the actual money farmers take home. The results, so far, indicate that the spot prices farmers get when they sell their produce in major mandis, across India, are much below the MSP for all the crops.
Recently, Saha and his team worked out a formula to calculate what this means for the farmers’ promised revenue at a consolidated level. For instance, they estimate that by April 5 the tur, arhar and red gram farmers of Maharashtra would have got ₹1,125 crore more than what they actually received, had their produce fetched the MSP fixed by the government. Similarly, during the March 1-April 18 period, the mustard farmers of West Bengal got ₹54.38 lakh less than what procurement at MSP rates would have fetched. “The nation needs to know and understand if farmers are being cheated and looted at agricultural markets,” says Yogendra Yadav, President, Swaraj India, the socio-political outfit that leads the Jai Kisan Andolan.
As the Modi Government plans to roll out MSP for all crops from this kharif (monsoon) season onwards, the daily reminder acts as a wake-up call for the government to correct the systemic flaws in India’s existing MSP regime. But it may not be easy.
THE ISSUE
Denne historien er fra May 20, 2018-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 20, 2018-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
