-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...
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Cash crunch proves a hot potato for these farmers -Vikas Vasudeva
-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...
More »M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »Feeding off the land -Anuradha Sengupta
-The Hindu Business Line An Odisha organisation is working hard to preserve traditional foods and prevent the mainstream from swallowing up local knowledge systems Inside a candy pink-and-yellow shamiana, a group of children in blue uniforms line up in front of stalls heaving with different kinds of foods. Tubers in shades of brown, beige and cream; pink and red berries; tiny yellow, orange and red tomatoes; leaves of many sizes and shapes;...
More »No one asks the farmer -Harish Damodaran
-The Indian Express The opposition’s main contention is that the GM mustard hybrid incorporates three alien genes — barnase, barstar and bar — rendering it inherently unsafe for human and animal health. Fifty years ago, Union Minister for Food and Agriculture Chidambaram Subramaniam took the decision to import 18,000 tonnes of seeds of Lerma Rojo 64A and Sonora 64 wheat from Mexico. The seeds arrived just in time for their planting in...
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