-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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Centre to come out with draft model law on contract farming -Vishwa Mohan
-The Times of India NEW DELHI: Seeking to protect farmers from price volatility by ensuring guaranteed price for their produce, the Centre will come out with a draft model law on contract farming this month. Once it is made public, stakeholders including farmers will be given 30 days to comment and give suggestions. A final 'model' contract farming Act is expected to be released in November after incorporating the suggestions. "The final model...
More »The unsuitable boy of India's cattle economy -Abhishek Rajan
-VillageSquare.in The problem of male cattle in India, the world’s largest milk-producing country, remains in limbo even as farmers grapple with latest government regulations that severely restrict cattle trade and culling Alpesh Patel, a small farmer in Mogari village of Anand district in Gujarat, owns three crossbreed female cattle and earns supplemental income by selling milk to the nearest dairy co-operative. He strives to keep his herd efficient for milk production by...
More »Despite drought, Karnataka farmers earned 38% more than last year -ManuAiyappa Kanathanda
-The Times of India BENGALURU: Notwithstanding the consecutive years of drought over the past three years, Karnataka farmers earned 38% in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report. The income is expected to double in 2016-17 with many more markets coming under UMP, said a senior agriculture marketing official. UMP, an initiative of the Rashtriya e-Market Services Ltd (ReMS), is...
More »Is Cattle Slaughter Ban Smart Economics? Chief Economic Advisor Arvind Subramanian Speaks Up -Aloke Tikku
-NDTV Chief Economic Adviser Arvind Subramanian says farmers would not only lose the income from livestock as meat but also have to incur additional costs to maintain unproductive cattle. Already, he adds, there was research to suggest that returns to livestock farming are in any case "very low or even negative". NEW DELHI: Arvind Subramanian, the government's Chief Economic Adviser, has broken his silence on the issue of cattle slaughter. And...
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