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Resource centre on India's rural distress
 
 

Prof. Abhijit Sen, former Member of Planning Commission, speaks to Latha Venkatesh & Sonia Shenoy

-MoneyControl.com

The MET department has forecasted presence of El Nino for the second year in a row, only this time it is expected to be much stronger. Simultaneously the agriculture ministry has also submitted a report on unseasonal rains that impacted the Rabi crops last fiscal. Will the agri community face the curse of weather gods once again?

Abhijit Sen, professor of economics at JNU, says a depressed rural income is of far greater concern now, what with talks of yet another year of insufficient monsoon doing the rounds. In an interview to CNBC-TV18, he said the impact on rabi crop may not hurt as much as that on more widely grown kharif. Hence, farm income is actually a bigger worry now, not inflation.

Please click here to read the entire interview.

MoneyControl.com, 23 April, 2015
 
Image Courtesy: MoneyControl.com