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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

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Deepening slowdown: on the Indian economy

-The Hindu Can the RBI’s reduction in borrowing costs help check the demand slowdown? India’s economy is inarguably slowing, and the latest estimates from the Central Statistics Office disconcertingly point to a deepening slowdown. GDP growth is projected to have eased to 6.6% in the October-December period. With the CSO now forecasting the full-year expansion at 7%, fiscal fourth-quarter growth is implicitly pegged at an even slower 6.5%. At that level, growth...

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Smart farming in a warm world -Feroze Varun Gandhi

-The Hindu Investment and policy reform are needed on priority to help farmers cope with climate change Over the last decade, many of Bundelkhand’s villages have faced significant depopulation. Famous of late for farmer protests, the region, which occupies parts of Uttar Pradesh and Madhya Pradesh, has been adversely impacted by climate change. It was once blessed with over 800-900 mm rainfall annually, but over the last seven years, it has seen...

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India's Cow Crisis Part 1: Nepal bears the brunt of India's cow vigilantism -Jitendra

-Down to Earth Hounded by cow vigilantes and trade restrictions, farmers in Uttar Pradesh's border areas abandon their unproductive cattle in Nepalese villages creating havoc there Residents of Semri village in Uttar Pradesh's Sitapur district drew a plan for "invasion" on April 2, 2018. They called a meeting of farmers and agriculture labourers to take a call on the stray cattle menace. With the state closing down illegal slaughter houses in...

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Mechanical solutions -Harish Damodaran

-The Indian Express Forcing machinery on farmers without giving a thought to the economics of their utilisation can prove counter-productive. There are three main impediments to farm mechanisation in India. The first is cost, which, for a standard 50-horsepower tractor, today averages around Rs 6.5-6.8 lakh. But a tractor is just a source of power and traction, and only as good as the farm implements it can pull. The most basic tractor-drawn tiller/cultivator...

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