-Deccan Herald Many of India's agricultural practices have barely changed in decades. Reform is long overdue. Nearly a quarter of a century after India launched its first big liberalising reforms in 1991, setting off a new spurt of growth, one area of the country’s economy remains hardly touched: farming. Prime Minister Narendra Modi launched a 24-hour, state-run television channel for farmers in May, but has fostered no public debate about how to improve...
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The digging-holes myth -Jean Dreze
-The Indian Express The view of MGNREGA as a makeshift work programme is far off the mark. Few social programmes in India are more resented by the corporate sector than the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This is easy to understand, considering that one of the primary aims of the MGNREGA is to empower workers and reduce their dependence on private employers. Naturally, employers see this as a threat...
More »Drop the crop insurance plan -Ramesh Chand & Sumedha Bajar
-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
More »Farm scientists call land law amendments ‘suicidal’ -AM Jigeesh
-The Hindu Business Line ‘Development not at the cost of food security’ After several farmers’ organisations, it is now the turn of agricultural scientists, representing various research institutions, to criticise the Land Acquisition Bill. On Monday, senior agricultural scientists told the joint Parliamentary panel, looking into the amendments to the 2013 legislation, that reducing cultivable land can pose a serious threat to the food security of the country. Representatives, including Vice-Chancellors of the Indian...
More »Think tank report hints at diversion of cheap farm loans -Puja Mehra
-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...
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