Since for the farmer, it is not mere output but income (output multiplied by price) that matters, growth in nominal agricultural GVA being at low single-digits isn’t good news. Nor would it be so for any ruling party ahead of elections.
The M S Swaminathan committee’s widely disseminated recommendation, to fix MSP at levels “at least 50 per cent more than the weighted average cost of production”, remains a holy grail or partial reality at best.
Sehore (MP), Feb 18 (ANI): Addressing farmers during the ‘Kisan Kalyan Mela’ at Sehore in Madhya Pradesh, Prime Minister Narendra Modi on Thursday highlighted his Government's initiatives for development of the agriculture sector and farmers’ welfare. Modi urged the farmers to have faith in the ‘Kisaan Beema Yojna' and said the scheme has solutions for all the problems of farmers. Modi added that he wants to integrate technology with agriculture sector, as there is a big scope for the sector to be a profit making business.