-The Financial Express Pulses production may surpass 20 MT from 16.4 MT in 2015-16 New Delhi: Pinning hopes on conducive weather conditions prevailing currently and an increase in sowing areas of rabi crops — wheat, pulses, oilseeds and coarse cereals — compared to last five years, the government is aiming at a bumper foodgrains output for the ongoing crop year (2016-17) after two conSECutive drought years. While the rabi sowing activities have...
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How the NDA Diluted Tribal Rights to 'Save' Mining Companies From Losing Mines to Fresh Auction -Nitin Sethi
-TheWire.in Data compiled by the mines ministry notes several thousand hectares of mineable area has potentially been prevented from being auctioned, saving the companies that own them money and costing the exchequer in terms of revenue foregone. New Delhi: The Narendra Modi government changed regulations meant for protection of tribal rights, forests and environment in order to ensure that more than 130 mines do not face fresh auctions and are instead retained...
More »Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes
-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...
More »Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)
-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...
More »From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other SECtors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various SECtors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
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