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Drought or no drought, farm sector adapts to low rainfall -Sanjeeb Mukherjee

-Business Standard Despite two consecutive years of deficient rains, farm growth was positive in Q2 of 2015-16 The India Meteorological Department (IMD) might have decided to drop the use of the word “drought” from its nomenclature, but even if it had not done so, it would have hardly made a difference. Studies show that Indian agriculture has, over the years, developed an inherent resistance to drought. The share of agriculture in the overall...

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Farm policy needs to change with the times -Nilabja Ghosh

-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...

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Free, not fair -Sukumar Muralidharan

-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...

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Green safeguards yield higher economic returns -Vinod Thomas

-The Hindu For growth to go forward, it must be environmentally and socially concordant. The launch of the Sustainable Development Goals (SDGs) and agreements in Paris finally signalled the realisation that we can no longer achieve our economic ambitions by endangering the environment and society. But even as countries agreed on the need to nurture sustainability, it has come under fire from the mistaken notion that doing so will slow the pace...

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Farmers demand remunerative prices, irrigation facilities

-The Indian Express Also seek higher allocation for Price Stabilisation Fund in a pre-Budget meet Farmers’ organisations, food and fertiliser companies and agriculture experts on Monday urged finance minister Arun Jaitely to ensure that farmers get  remunerative prices for their produce and make sufficient Budget outlay to create  irrigation facilities in the remaining rain-fed areas. They also sought increase in the outlay for expanding the number of agriculture market yards and higher allocation...

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