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Government conducting study on agrarian distress

-PTI NEW DELHI: Government is conducting a study to ascertain agrarian distress in major farmer suicide-hit states, Parliament was informed today. The data on number of farmer suicides during 2016 has not yet been compiled by the National Crime Records Bureau (NCRB). The most recent NCRB data showed number of farmer suicides to be 12,602 in 2015, with maximum reported in Maharashtra (4,291), followed by Karnataka. "Taking cognisance of the problem of agrarian...

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Focusing on domestic growth -Krishnamurthy Subramanian

-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus labour Given the Demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...

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India sees record planting of wheat and pulses -Sayantan Bera

-Livemint.com While higher production of foodgrains may help better the agriculture growth rate of 4.1% estimated last month, a record crop will also help keep food inflation in check New Delhi: Farmers in India have planted the highest ever area under wheat and pulses in the ongoing winter crop season, raising hopes of a bumper crop in 2016-17, surpassing past records. While higher production of foodgrains may help better the agriculture growth...

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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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Activist says budget is not good for farmers -Sowmya Aji

-The Economic Times BENGALURU: Finance Minister Arun Jaitley’s pro-farmer pro-rural budget has largely got a thumbs down from farm activists and agriculture experts in Karnataka, a state with 91 percent of its area reeling under severe drought and a rural economy collapse post-Demonetisation. The state’s current agriculture growth rate, despite the drought, is an estimated 4.2 per cent, marginally higher than the 4.1 per cent that Jaitley has projected for the country....

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