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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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Why the Pradhan Mantri Kisan Samman Nidhi scheme will be hard to implement -Priscilla Jebaraj

-The Hindu * What does the scheme offer? The Pradhan Mantri Kisan Samman Nidhi scheme, announced in the Budget earlier this month, aims to give ?6,000 a year to 12 crore farmer families who own up to two hectares of cultivable land. * What are the challenges? The number of beneficiaries comes from the number of land holdings of two hectares or less, according to the last agricultural land census. However, the guidelines say...

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Will the budget actually benefit farmers? -Jayati Ghosh

-The Telegraph There are enormous questions about implementation, and the first issue is that of identifying the farmers Everyone expected the Narendra Modi government to do something big — or at least promise something big — before the general elections. Everyone also sensed that it would be something to do with farmers, one of the economic and social concerns that have now also become a political talking point. But perhaps no one...

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There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana

Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...

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Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh

-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...

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