Agriculture Pricing News

Agriculture Pricing is a crucial aspect of Indian Economy, as the majority of the population in India devotes 2/3 of its expenditure on food alone and about half of the population is engaged in the agriculture for livelihood.

  • Farm Bills and MSP
    Source: Indian Express GS3: Issues related to Direct and Indirect Farm Subsidies and Minimum Support Prices 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 ...
  • About MSP (Minimum Support Price)
    News: Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 does not provide any safeguards for the continuance of the existing minimum support price (MSP)-based procurement regime. Facts: MSP is the minimum price paid to the farmers for procuring food crops. It is announced by the Government at the beginning ...
  • Essential Commodities (Amendment) Bill, 2020
    Essential Commodities (Amendment) Bill, 2020 amends the Essential Commodities Act, 1955. Aim: To increase competition in the agriculture sector and enhance farmers’ income. It also aims to remove fears of private investors of excessive regulatory interference in their business operations. Key Features of Essential Commodities (Amendment) Bill, 2020 Regulation on food items: Under ...
  • Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020
    Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020 is aimed to provide a legal contract for farmers to enter into written contracts with companies and produce for them. Key Features of Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020: Farming agreement: It ...
  • Farmers’ Produce Trade and Commerce (Promotion and Facilitation), bill 2020
    Farmers’ Produce Trade and Commerce (Promotion and Facilitation), bill 2020 aims to Break the monopoly of government-regulated mandis and provide farmers and traders freedom of choice of sale and purchase of Agri-produce. Following are salient features Farmers’ Produce Trade and Commerce (Promotion and Facilitation), bill 2020:   Trade of farmers’ produce: It ...
  • Three Farm Acts and their constitutional debate.
    Source: The Hindu Syllabus: Gs3: Issues and Challenges Pertaining to the Federal Structure, Devolution of Powers Context: The passage of the three Farm Acts has raised a constitutional debate on Union’s powers to legislate on state subjects. What are the three contentious farm bills? The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020. The ...
  • Three farm bills – Analysis
    Source: The Hindu Syllabus: GS3: Issues related to Direct and Indirect Farm Subsidies and Minimum Support Prices Context: Recently, the President has given his ascent on the three farm Bills. What are the issues with the bill? No clarity on MSP:the Bill does not specify that the contract price should be above the Minimum Support Price (MSP) declared ...
  • Agriculture sector and the benefits of the farms bills
    Source- The Indian Express Syllabus- GS 3- Transport and marketing of agricultural produce and issues and related constraints Context- The will to implement the long-pending transformative reforms has been finally demonstrated by the PM.. How is the agriculture sector working on India’s Independence and till present? 1947-Agriculture contributed 50 per cent to the national income and employed ...
  • Farmer’s protest on new farm bills
    Source- The Indian Express Syllabus- GS 3- Issues related to direct and indirect farm subsidies and minimum support price Context- There have been a strong protests from farmers, especially from the states Punjab and Haryana against three Bills on agriculture reforms introduced in the Parliament to replace the ordinances issued during the lockdown. What are the ...
  • Farm bills and opposition hypocrisy
    Source – The Indian Express Syllabus – GS 3- Major crops-cropping patterns in various parts of the country, – different types of irrigation and irrigation systems storage, transport and marketing of agricultural produce and issues and related constraints; e-technology in the aid of farmers. Context– The government claims that the new farm bills are a ...
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