Source: Indian Express Context: The recently enacted farm bills have triggered debate on the desirability of the MSP regime. More in news: The period from 2004 to 2012 was the period of high commodity prices, high government procurement and rapid reduction in rural poverty. This shows a causal link between the high prices and… Continue reading Farm Bills and MSP
Tag: AGRI_0
Relook agriculture subsidies
Context– The dire need to shift the nature of support to farmers from input subsidies to investment subsidies. What are the main reason of air pollution in India and its impact? Stubble Burning – Practice of farmers setting fire to plant debris that remain in farms after harvest. It emits large amounts of toxic pollutants in the… Continue reading Relook agriculture subsidies
Government clears Fertiliser Subsidies
Context: In a step to clear dues of fertiliser companies the government has allotted an additional Rs 65,000 crore towards fertiliser subsidy for 2020-21, over and above the already-budgeted Rs 71,309 crore. Why clearing the arrears in fertiliser subsidy is important? To build faith on government schemes: Fertiliser firms have to sell their products below… Continue reading Government clears Fertiliser Subsidies
Farm laws and desirability of MSP
Minimum support price (MSP) for Farm Bill Context: The recently enacted farm bills have triggered debate on the desirability of the MSP regime. More in news: The period from 2004 to 2012 was the period of high commodity prices, high government procurement and rapid reduction in rural poverty. This shows a causal link between the… Continue reading Farm laws and desirability of MSP
Pesticides Management Bill (PMB), 2020
The Pesticides Management Bill (PMB), 2020 was introduced in the Rajya Sabha in March 2020. It seeks to replace the Insecticides Act, 1968. Facts: Aim: To protect the interest of farmers and ensure they get safe and effective pesticides. Key Features: Information to Framers: Farmers would be empowered to get all information regarding the available… Continue reading Pesticides Management Bill (PMB), 2020
Planned changes to NBS Scheme
Context: Centre is planning to restrict the number of fertiliser bags that individual farmers can buy during any cropping season under the Nutrient Based Subsidy(NBS) Scheme. Background A policy of subsidising fertilisers was started in the later period of the Green revolution to increase agriculture production. It resulted in the increased production of food grains… Continue reading Planned changes to NBS Scheme
Nutrient-based subsidy
Context: Cap on subsidised fertiliser under nutrient-based subsidy (NBS) only addresses issue of its diversion, doesn’t fix overuse by farmers. What is nutrient-based subsidy (NBS) regime for fertilisers? Under the scheme, a fixed amount of subsidy, based on the nutrient content present in them is provided on each grade of subsidized Phosphatic and Potassic (P&K)… Continue reading Nutrient-based subsidy
