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Why farm income in India is so low -A Narayanamoorthy

-The Hindu Business Line Recent data shows an alarming fall in income from crop cultivation. Improving procurement infra is the need of the hour The report of the ‘Situation Assessment of Agricultural Households and Land and Holdings of Households in Rural India 2019’ released by the National Statistical Office in September 2021 reveals the pathetic income level of Indian farmers. The average monthly income from different sources per agricultural household in July 2018...

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India fares poorly in global ranking of pension systems

-The Hindu Business Line Iceland tops Mercer study on retirement income systems Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems. The primary objective of this annual survey by the global management...

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Are we witnessing depeasantisation in Indian agriculture?

The newly released Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round) establishes the fact that the farm households are more and more relying on wage incomes instead of 'net incomes from crop cultivation' for their livelihoods. In Marxian lexicon, proletarisation (a term that we can loosely use for depeasantisation) refers to the process in which the farmers/ tillers are...

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Number Theory: Understanding the business of farming in India -Abhishek Jha and Roshan Kishore

-Hindustan Times Supporters of the three farm laws have been arguing that the new regime will help farmers receive better prices by selling products in the open market rather than the APMCs. SAS data does not support such a claim That Indian agriculture has been distress-ridden is an accepted fact in post-reform India. However, this is often discussed more in terms of farmers’ suicides, especially during the last decade, or abysmally low...

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Can FPOs bring real change on the ground? -Radheshyam Jadhav

-The Hindu Business Line More farmers are coming together but are unclear about how to leverage farmer producer organisations to boost their income Over 180 farmer producer organisations(FPOs) are either in the process of registration or have started functioning in Beed district of Maharashtra. More farmers are joining hands to form FPOs under the Central government’s scheme to promote farmer collectives. However, most of these companies are in the dark about how...

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