-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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Demonetisation: BJP Talk of "Cash Transfers" To Common Folk Is Sheer Deception -Prabhat Patnaik
-TheCitizen.in NEW DELHI: A bizarre argument is doing the rounds these days. It states that the cash which gets disabled in the “black economy” because of the government’s demonetization measure, would enable the government to undertake an equivalent amount of expenditure with impunity; it can therefore spend more on infrastructure and other essential areas, or simply provide cash transfers to the people. BJP spokespersons who have been putting forward this argument, are...
More »Falling wholesale prices of pulses show pitfalls of a bumper crop -Sayantan Bera and Prerna Kapoor
-Livemint.com The problem could be most acute for pulses with production hitting a record high but prices falling below the govt’s minimum support prices New Delhi: Following consecutive years of drought, India is set to harvest a record crop of foodgrains but farm incomes could take a hit due to falling wholesale prices. The problem could be most acute for pulses with production hitting a record high but prices falling below the...
More »India set for a bumper crop of foodgrains: Govt -Sayantan Bera
-Livemint.com Radha Mohan Singh says the monsoon this year has been well distributed with 5.3 million hectare more area planted that could see a record production of foodgrains New Delhi: After two years of drought and declining crop production, a record foodgrain production on the back of a well distributed monsoon is expected in 2016-17, agriculture minister Radha Mohan Singh said on Thursday. While pulses production could touch 22 million tonnes, up...
More »Pulse buffer stock to be increased to 20 lakh tonnes
-The Hindu The Centre on Monday approved the enhancing of buffer stock of pulses to 20 lakh tonnes so as to stabilise the prices and encourage farmers to scale up production. “The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Consumer Affairs for increasing the buffer stock to 20 lakh tonnes. It will be built through domestic procurement and imports of 10 lakh tonnes each,” an official...
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