-Financial Express Among the six states studied by Icrier, Gujarat spends the most on agriculture R&E (0.59%), followed by Bihar (0.50%), Punjab (0.41%), Odisha (0.25%), Uttar Pradesh (0.17%) and Madhya Pradesh (0.24%). The government’s expenditure on agricultural research and extension education services is not only very low but also heavily skewed in favour of crops, even as the dairy sector has a rapidly increasing share in the gross value of output...
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Cracking the rural consumption puzzle -Aarati Krishnan
-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...
More »Rural income: looking beyond agriculture -Sanjay Kaul
-Livemint.com China’s example shows the benefits of the rural workforce shifting from the farm to the non-farm sector The government announced its ambitious dream of doubling farmers’ income by 2022-23 in 2015-16. Incomes would have to grow annually by 10.4% to double in seven years. The data on growth rates of farm income given by NITI Aayog in its policy paper on doubling farmers’ income shows that the real income of farmers has...
More »Rs 33,000 crore boost to agriculture: Here's how Modi plans to double farmers' income by 2022
-The Financial Express The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Agri-umbrella programme, ‘Green Revolution — Krishonnati Yojana’ for two more years with an outlay of Rs 33,000 crore. The programme merged 11 schemes for a holistic and scientific approach towards...
More »Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)
-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...
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