Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-trace').style.display = (document.getElementById('cakeErr67f0787f0c81b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f0787f0c81b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-code').style.display = (document.getElementById('cakeErr67f0787f0c81b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-context').style.display = (document.getElementById('cakeErr67f0787f0c81b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f0787f0c81b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f0787f0c81b-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 35578,
		&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4683685,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 35578,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 35578,
	&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4683685,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 35578
$metaTitle = &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;
$metaKeywords = &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;
$metaDesc = &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu | Im4change.org</title>
    <meta name="description" content="
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Can Budget 2018 address slowdown in rural economy? -Tadit Kundu</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Livemint.com<br /><br /><em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br /></em><br />The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br /><br />While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br /><br />In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br /><br />The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br /><br />The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br /><br />While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br /><br />Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br /><br />Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html" title="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-trace').style.display = (document.getElementById('cakeErr67f0787f0c81b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f0787f0c81b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-code').style.display = (document.getElementById('cakeErr67f0787f0c81b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-context').style.display = (document.getElementById('cakeErr67f0787f0c81b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f0787f0c81b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f0787f0c81b-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 35578,
		&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4683685,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 35578,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 35578,
	&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4683685,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 35578
$metaTitle = &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;
$metaKeywords = &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;
$metaDesc = &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu | Im4change.org</title>
    <meta name="description" content="
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Can Budget 2018 address slowdown in rural economy? -Tadit Kundu</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Livemint.com<br /><br /><em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br /></em><br />The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br /><br />While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br /><br />In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br /><br />The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br /><br />The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br /><br />While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br /><br />Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br /><br />Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html" title="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-trace').style.display = (document.getElementById('cakeErr67f0787f0c81b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f0787f0c81b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-code').style.display = (document.getElementById('cakeErr67f0787f0c81b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f0787f0c81b-context').style.display = (document.getElementById('cakeErr67f0787f0c81b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f0787f0c81b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f0787f0c81b-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 35578,
		&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4683685,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 35578,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 35578,
	&#039;title&#039; =&gt; &#039;Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;
&lt;br /&gt;
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;
&lt;br /&gt;
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;
&lt;br /&gt;
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;
&lt;br /&gt;
The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;
&lt;br /&gt;
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;
&lt;br /&gt;
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4683685,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 35578
$metaTitle = &#039;LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu&#039;
$metaKeywords = &#039;Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis&#039;
$metaDesc = &#039;
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&amp;rsquo;s rural economy&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&amp;rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.&lt;br /&gt;&lt;br /&gt;While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.&lt;br /&gt;&lt;br /&gt;In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&amp;mdash;rural wage growth, agri-GDP growth, and tractor sales.&lt;br /&gt;&lt;br /&gt;The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.&lt;br /&gt;&lt;br /&gt;The roots of the rural crisis lie in structural problems&amp;mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&amp;mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.&lt;br /&gt;&lt;br /&gt;While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.&lt;br /&gt;&lt;br /&gt;Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot; title=&quot;http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu | Im4change.org</title>
    <meta name="description" content="
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Can Budget 2018 address slowdown in rural economy? -Tadit Kundu</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Livemint.com<br /><br /><em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br /></em><br />The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br /><br />While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br /><br />In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br /><br />The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br /><br />The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br /><br />While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br /><br />Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br /><br />Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html" title="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 35578,
		'title' => 'Can Budget 2018 address slowdown in rural economy? -Tadit Kundu',
		'subheading' => '',
		'description' => '<div align="justify">
-Livemint.com<br />
<br />
<em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br />
</em><br />
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br />
<br />
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br />
<br />
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br />
<br />
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br />
<br />
The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br />
<br />
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br />
<br />
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br />
<br />
Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br />
</div>',
		'credit_writer' => 'Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 4683685,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 35578,
	'metaTitle' => 'LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu',
	'metaKeywords' => 'Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis',
	'metaDesc' => '
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...',
	'disp' => '<div align="justify">-Livemint.com<br /><br /><em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br /></em><br />The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br /><br />While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br /><br />In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br /><br />The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br /><br />The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br /><br />While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br /><br />Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br /><br />Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html" title="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br /></div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 35578,
	'title' => 'Can Budget 2018 address slowdown in rural economy? -Tadit Kundu',
	'subheading' => '',
	'description' => '<div align="justify">
-Livemint.com<br />
<br />
<em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br />
</em><br />
The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br />
<br />
While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br />
<br />
In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br />
<br />
The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br />
<br />
The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br />
<br />
While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br />
<br />
Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br />
<br />
Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br />
</div>',
	'credit_writer' => 'Livemint.com, 17 January, 2018, http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'can-budget-2018-address-slowdown-in-rural-economy-tadit-kundu-4683685',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 4683685,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {},
		(int) 1 => object(Cake\ORM\Entity) {},
		(int) 2 => object(Cake\ORM\Entity) {},
		(int) 3 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 35578
$metaTitle = 'LATEST NEWS UPDATES | Can Budget 2018 address slowdown in rural economy? -Tadit Kundu'
$metaKeywords = 'Pradhan Mantri Fasal Bima Yojana,Pradhan Mantri Fasal Bima Yojana (PMFBY),rural distress,agrarian crisis'
$metaDesc = '
-Livemint.com

Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy

The results of the Gujarat elections, in which the opposition Congress outperformed the...'
$disp = '<div align="justify">-Livemint.com<br /><br /><em>Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India&rsquo;s rural economy<br /></em><br />The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year&rsquo;s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis.<br /><br />While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same.<br /><br />In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators&mdash;rural wage growth, agri-GDP growth, and tractor sales.<br /><br />The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long.<br /><br />The roots of the rural crisis lie in structural problems&mdash;fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming&mdash;all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations.<br /><br />While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive.<br /><br />Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows.<br /><br />Please <a href="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html" title="http://www.livemint.com/Politics/QqrmGbQPFO09quhUpZhW4L/Can-Budget-2018-address-slowdown-in-rural-economy.html">click here</a> to read more. <br /></div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

Can Budget 2018 address slowdown in rural economy? -Tadit Kundu

-Livemint.com Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India’s rural economy The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year’s budget. But addressing the rural challenge successfully will depend on an accurate diagnosis. While it is undoubtedly true that organized protests by farmers and agrarian riots have been rising in the Indian countryside over the past couple of years, the trajectory of overall rural distress has not exactly been the same. In fact, the Mint index of rural distress has been declining over the past couple of years after it rose to its peak in 2015, when back-to-back droughts had hurt the rural economy. The Mint index of rural distress is a composite index based on normalized values of three high-frequency indicators—rural wage growth, agri-GDP growth, and tractor sales. The rural distress index is on a downward trajectory. Yet, the rural distress index is still higher than what it was when the Narendra Modi-led BJP government stormed to power in May 2014. This suggests that while the rural economy may not be in as dire straits as in the summer of 2015, the rural economic crisis is indeed real and has lasted quite long. The roots of the rural crisis lie in structural problems—fragmentation of land holdings and the lack of land-leasing laws, market imperfections and lack of access to markets, lack of adequate risk-mitigation mechanisms in farming—all of which require structural solutions. The budget is unlikely to be able to fix these problems since they require institutional reforms beyond budgetary allocations. While the budget can make provisions for farm waivers or higher farm subsidies, such policies may not be fiscally sustainable, and may even be counter-productive. Besides, such policies may not directly impact the poorest and most vulnerable rural households. Such households with very small or negligible land holdings, whose incomes barely cover their consumption expenditure, tend to be less dependent on cultivation as a source of income compared to big farmers, as a 2016 Indira Gandhi Institute of Development Research (IGIDR) working paper by Sanjoy Chakravorty, S. Chandrasekhar, and Karthikeya Naraparaju pointed out. Small and marginal farmers who form the bulk of rural Indian households depend more on wage incomes and animal farming than on cultivation for their livelihoods, their analysis of National Sample Survey Office data shows. Please click here to read more.