In the afternoon of 13 February, a highway pit stop dividing the states of Haryana and Punjab in northwestern India, known to many now as the Shambhu border crossing, resembled a conflict zone. Thousands of farmers from Punjab tried to push their way into Haryana to reach the national capital, Delhi. The plan was to cover the 200km journey in a convoy of tractor trolleys and cars.
Braving a steady stream of tear gas, water cannons, rubber bullets, and pellet guns fired by the state police, the protesting farmers managed to break down a few layers of concrete barriers. The angry farmers also uprooted steel spikes which were cemented on the highway to prevent the convoy from entering Haryana.
Eventually, they retired for the night following 'ceasefire' instructions from union leaders. Hopes were pinned on negotiations with the government, which began a day earlier.
On 18 February, the fourth round of talks took place in Chandigarh, where farm union leaders met three union government representatives-food minister Piyush Goyal, agriculture minister Arjun Munda and junior home minister Nityanand Rai. The government offered what Goyal termed an 'out of the box' solution.
State agencies will purchase oilseeds, pulses and cotton grown by Punjab farmers at minimum support prices (MSP) for the next five years. The contract farming arrangement will aid growers move away from the wheat-rice cycle which has depleted soils and exhausted groundwater supplies, putting the once prosperous cradle of green revolution at grave risk.
MSP is the price at which the government buys non-perishable produce directly from farmers. So far, it has largely been limited to rice and wheatbecause the government needs those grain supplies to run its massive food security scheme. Every year, the government announces support prices for 23 crops, providing a price signal to farmers before they plant.
Bu hikaye Mint Mumbai dergisinin February 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin February 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
India's economic performance is pretty robust on most counts
The economy's back on its high-growth path and fiscal consolidation is on track but our labour market remains a concern
We should be more receptive to paradigm-shifting ideas
Do we really have free will? Our brains are not wired to accept radical thoughts easily but we must try
We need to invest in nature for the sake of humanity's future
Money must flow into what saves rather than harms biodiversity
Is gold worth its weight amid our demat assets?
It has been a buzzy buy in recent times, with its price soaring over the past year. Investors, however, are likely to be better served by going for intangible forms of this precious metal
The country needs to map its informal economy better
We need more accurate data on enterprises that play a major role in employing people
Some states have started to slip off their fiscal correction paths
Populist outlays and capital expenditure have widened their budget deficits. They must tighten up
How a businessman in his 50s went gung-ho on MFs
From telecom retail to mutual fund: SIPs have bridged Singh's post-covid business slowdown
Principal disabled? Know your PoA rights
My father has been in coma following an accident. He had granted me a power of attorney (PoA) to manage his money, but the PoA has no specified duration. Is it legally valid for me to withdraw funds or conduct other transactions on his behalf for his medical treatment? -Name withheld on request
HOW SALMA HAYEK IS REDEFIMNG PHILANTHROPY
In the worlds of Hollywood, fashion and activism, there's never been anyone quite like Salma.
WORLD SAVINGS DAY: A REALITY CHECK ON INDIA'S DWINDLING HOUSEHOLD SAVINGS CRISIS
High inflation and easy credit lead to financial instability due to overspending and rising debt