-MoneyLife.in India, the world's second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farmers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually intense western disturbances from the Mediterranean interacting with the south-easterly winds from the Bay of Bengal have ravaged the due-for-harvesting chana, lentils and wheat in Madhya Pradesh,...
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Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Prabhu Pingali, Director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the FAO, speaks to Sanjeeb Mukherjee
-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...
More »Nationwide survey finds Indian farmers in bad shape -Vishwa Mohan
-The Times of India NEW DELHI: Minimum support price (MSP) of most of the food-grains has been increased by over 100% in the past 10 years, but it hardly benefited farmers in eastern and central India as majority there have not even heard of such procurement system. The situation is equally bad in other parts - except in states like Punjab, Haryana, Maharashtra and Western Uttar Pradesh - where farmers don't get...
More »75% farmers want to quit, says CSDS, Lokniti survey-Sanjeeb Mukherjee
-Sify.com A survey said 76 per cent of farmers would prefer to do other work, while 60 per cent wanted their children to migrate to and settle in a city. These are a grim reminder of the condition of the 120-million farmer households in India. The survey, by the Centre for the Study of Developing Societies and Lokniti for Bharat Krishak Samaj, of 5,000 farmer households across 137 districts in 18 states...
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