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Title: | Revisiting Policies for Enhancing Minimum Support Price (MSP)- Evidences From Cost of Cultivation Data of Bihar (India) |
Authors: | AHMAD, NASIM SINHA, D. K. SINGH, K. M. MISHRA, R. R. |
Keywords: | Minimum support Price (MSP), Cost of cultivation, Food-sufficient, Indebtedness, Mechanization, Soil health card |
Issue Date: | Apr-2018 |
Publisher: | VITAL BIOTECH |
Citation: | Ahmad, N., Sinha, D. K., Singh, K. M., & Mishra, R. R. (2018). Revisiting Policies for Enhancing Minimum Support Price (MSP): Evidences From Cost of Cultivation Data of Bihar (India). Int. J. Pure App. Biosci, 6(2), 277-286. |
Abstract: | Farmers have played decisive role not only in making India self-sufficient in food production but also in exporting foodgrains to many countries. Prices affect both income and expenditure of the farmers. Poor income from farming resulted in increased indebtedness, widespread suicides of farmers across the nation. A significant increase or decrease in the price of a crop may result in increase or decrease in the area under that crop. The study revealed that farmer's gains from paddy, wheat and maize over operational cost A 2 were found 81.62%, 89.40% and 85.44%, respectively during the period TE-2015. Further, if we take family labour cost into account percentage gains assessed to be 37.85, 55.53 and 49.18 for paddy, wheat and maize, respectively. To achieve the fixed target only a little effort has to be made on optimizing input costs. For wheat we already have achieved the target of 1.5 time cost of produce during TE-2015. If we account cost C 2 , the farmers may be in losses. The gain percentage over cost C 2 during TE-2015 were computed only 0.60%, 9.37% and 2.14 for paddy, wheat and maize only in Bihar. To enhance the profitability of the farmers, the major cost components like labour charges, fertilizer cost, irrigation charges has to be optimize by fabricating implements suitable for marginal and small farmers, using information of soil heath cards in application of fertilizers and shifting irrigation from diesel pumping sets to electric and submersible pumping sets or solar pumping sets. Strong linkages of procurement agencies have to establish at Punchayat level. To address the farmer's distress government should come forward to develop infrastructure, revise and strengthen the cooperatives and local communities. The price policy should be aimed at providing firm support, encouragement and enforce thrust on farming activities in such a way that farmers may not quit the farming and the youth may also be attracted forwards and take farming as profession. |
URI: | http://irrpcau.inflibnet.ac.in:8080/jspui/handle/123456789/490 |
Appears in Collections: | Papers |
Files in This Item:
File | Description | Size | Format | |
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IJPAB-2018-6-2-277-286.pdf | 678.04 kB | Adobe PDF | View/Open |
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