-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...
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India’s flawed fertilizer policy -Himanshu
-Livemint.com Farming community is bracing itself for income loss due to lower productivity from last year's deficient rainfall as well as lower price realization in the market Last month's untimely rains have only added to the long list of problems that the Indian farmer faces. Declining global and domestic prices have already led to a crisis in the agricultural sector. The farming community is bracing itself for income loss due to lower...
More »Budget in search of hope -Ashok Sekhar Ganguly
-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...
More »Climate change costs
-Business Standard Unpredictable weather may impact 30 per cent of the harvest India has been hit by unusual weather. Much of the country has endured unseasonal rain, even hailstorms. In the process, nearly 30 per cent of the rabi planting seems to have been spoiled, with adverse implications for food availability and inflation, as well as farmer distress. The first half of March has been unusually cool, besides being the wettest for...
More »'Monsoon likely to be normal'
-Business Standard Assocham-Skymet report, however, says untimely rain likely to reappear in north India in 5-6 weeks India's southwest monsoon, which accounts for almost 80 per cent of the country's total precipitation, is expected to be normal this year, predicts a joint study by the Associated Chambers of Commerce and Industry and private weather forecaster Skymet. However, there would be pockets where the showers are expected to be deficient. These include Himachal Pradesh,...
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