please add one sticky to the board with the following, and include your name

1) read/watch at least two sources about the farmer protests 2.0 in Delhi

2) show you understand some of the economics behind the protests by providing some notes

3) offer at least one genuine/meaningful question about the situation

4) share the links of your sources

5) Return to the board later and upvote a question

2) The low-income level of the farmers leads to suicide and bad condition lives. Also, the new law considered by the central government may make the farmers poorer. These lead to nationwide protests by farmers.

3) Why is Farmar's income low even though there is a lot of demand from the vast population?

4) https://apnews.com/article/india-new-delhi-farmer-protests-e66832e9bf57a3f65b6833f1af8491ba

https://www.youtube.com/watch?v=fARBrNrcey4

https://economictimes.indiatimes.com/news/economy/agriculture/farmers-protest-2-0-what-do-they-want-what-is-their-strategy/articleshow/107623281.cms?from=mdr

Yugo

Farmers' Protest 2.0 in India is a new wave of demonstrations led by farmers from Punjab, Haryana, and Western Uttar Pradesh.

The primary demands include a legal guarantee for the minimum support price (MSP), better sugar cane prices, a pension of Rs 10,000 a month for every farmer above 60 years of age, stronger action against the accused in the Lakhimpur Kheri incident, and the grant of land in Delhi for a memorial for the "martyrs" of the earlier farmers' protest.

Economic implications:

• Direct impact on agricultural sector, farmer livelihoods, and broader economy.

• Ensuring fair prices and social security for farmers.

  
  

  Political impact:

  • Protests occurring near national election, adding a political dimension to economic issues.

  • Farmers form an influential voting bloc, and parties try to gain their support.

    
    

    Questions

• What are the economic costs and benefits of providing a legal guarantee for the minimum support price (MSP) for agricultural produce, and how might this impact the agricultural sector and farmer livelihoods?

• What are the potential economic implications of transferring a fixed sum of money annually into farmers' bank accounts as income support, instead of providing a legal guarantee for the minimum support price (MSP)?

-Gaangey

2)

Farmers Protest 2.0 is primal aimed at the government at abolishing the farmer laws besides ensuring minimum support price (MSP) for all crops. However, the government has many concerns regarding the demand for legal guarantees, including pressure on the government on world prices, export competitiveness, central spending, etc.

3)

・How does MSP affect farmers and consumers?

・How does ensuring MSP affect the export competitiveness of national agricultural products?

4)

https://globalnews.ca/news/7506676/india-farmer-protests-explained/

https://economictimes.indiatimes.com/news/economy/agriculture/farmers-protest-2-0-what-do-they-want-what-is-their-strategy/articleshow/107623281.cms?from=mdr

https://www.youtube.com/watch?v=fARBrNrcey4

2) Farmers in Dehli are protesting against the government for a Minimum Support Price for crops which is a price floor. During excess supply, the government's ability to meet the farmers' needs are questionable. Farmers are also demanding compensation for the Union Minster Ajay Mishra's hit and run case of 4 protesting farmers in Lakhimpur Kheri. Farmers have specifically asked for financial compensation of deceased farmers from previous conflicts which can trigger certain socio-economic conflicts. Additionally, farmers have requested India's alliance with the WTO to be withdrawn which can have implications on trade relationships.

3) How have deaths during protests and the ever-existing demand for crops shaped the bargaining power of farmers to establish an MSP?

4)https://timesofindia.indiatimes.com/city/noida/farmers-protest-jams-ease-not-anxiety-at-fortified-borders/articleshow/107705130.cms

2) -Farmers are calling for a legal Minimum Purchase Price guarantee to secure stable, remunerative prices for their produce.

-Impact on government spending and TAX POLICY : the potential tax implications of a legal guarantee of the MAP could put pressure on public finances and influence tax policy decisions.

-MARKET DYNAMICS AND GLOBAL TRADE: Farmers reject market UNCERTAINTY and demand protection against global trade dynamics that could put them at a disadvantage.

-( growth ) Farmers' demands include social welfare measures, public infrastructure...

-( Statement )The political and electoral repercussions of the protests reflect the complexity of the interaction between economic, political and social dynamics.

3) How can the government reconcile the economic demands of farmers?

4)https://economictimes.indiatimes.com/news/economy/agriculture/farmers-protest-2-0-what-do-they-want-what-is-their-strategy/articleshow/107623281.cms

2)

Demands of the farmers' protest 2.0

• legal guarantee to MSP for all crops

• full debt waiver for farmers

• pension for farmers - Rs 10,000 a month for every farmer above 60 years of age

• implementation of the Swaminathan Commission's formula

• withdrawal of cases against farmers during the 2020 protest

• stronger action against the accused in the Lakhimpur Kheri incident and grant of land in Delhi for a memorial for the "martyrs" of the earlier farmers' protest

Government's concerns

• global prices

• pressure on the government for procurement

• export competitiveness

• central expenditure.

3)

• How would the implementation of the demands of the farmer affect the living standards of India?

• What are some potential negative outcomes of the government implementing the demands of the farmers in the long run? Would it impact the environment or income inequality?

4)

https://indianexpress.com/article/political-pulse/farm-protest-punjab-noida-delhi-kmm-skm-9161653/

https://economictimes.indiatimes.com/news/economy/agriculture/farmers-protest-2-0-what-do-they-want-what-is-their-strategy/articleshow/107623281.cms?from=mdr

https://www.livemint.com/news/india/farmers-protest-2-0-how-delhi-chalo-march-is-different-from-the-2020-agitation-explained-in-5-points-11707707903159.html

2) the second farmers protest is happening because farmers are demanding a minimum value for their crops. They want to see a price floor, so that their livelihoods are protected by the government. They have made this clear through protesting, with over 10,000 of them protesting daily. Their actions have been met with a hostile police response, including fighting and tear gas.

3) why does the government not want to give farmers a minimum wage?

4)https://www.reuters.com/world/india/why-indian-farmers-are-marching-protest-capital-2024-02-13/ https://www.youtube.com/watch?v=9g4BJIu0a6Q

5) Ok!

notes

• the farmers’ central demand concerns something called the minimum support price, or M.S.P. They want it to be increased, adding a 50 percent premium to whatever it costs them to produce wheat and rice.

• The M.S.P. should act as a form of social insurance, by sparing the majority of India’s population, which still depends on farming incomes, from the volatility that comes with changing weather patterns and internationally set grain prices.

• Economists often criticize the MSP because it can lead to inefficiencies and market distortions. For example, if the MSP is set too high, it can lead to overproduction and a surplus of the commodity, which can be costly for the government to store and dispose of. Additionally, the MSP can discourage farmers from adopting new technologies and practices that could increase their productivity and efficiency.

Questions

• what has changed since the last time and why did the government not account for the changes if the las protests were so recent?

  
  

2) india's economic development has led to a reduction in agricultural prices, which in turn has lowered farmers' incomes. there is also a demand to end indirect taxes on farmers. Several requests to increase the minimum support price (MSP) have been made, but nothing has been achieved.

3) who will be the first victims if agricultural prices are raised ?

4) https://www.livemint.com/news/india/farmers-protest-2-0-how-delhi-chalo-march-is-different-from-the-2020-agitation-explained-in-5-points-11707707903159.html

The newest wave of the farmers protest in India are an extension of the conflicts surrounding the previous protest. Issues of inequality debt and more continue to affect farmers from Punjab. Haryana and uttar Pradesh.

The farmers are protesting for a 50% increase in the Minimum Support Price to further supplement the production of rice and wheat. However, economists are concerned about the long-term ramifications of the Minimum Support Price. A further increase could lead to further food inflation which is already a rising problem in India. Moreover, it encourages the overproduction of rice. This may increase India's problems with crop burning and lead to environmental issues

How can governments implement welfare programs for India's farmers without sacrificing the stability of the economy