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Climate on the farm

-The Indian Express IPCC report shows how land use affects climate change. It must not be used to target developing countries on global warming A report released on Thursday by the Intergovernmental Panel on Climate Change (IPCC) has concluded that better management of the world’s farms and forests is necessary to tackle climate change. Land use has always been part of conversations on climate change and activities like afforestation have held...

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Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida

-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...

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Make no mistake: Agriculture alone has the potential to reboot the economy -Devinder Sharma

-National Herald Agriculture, food and trade policy expert Devinder Sharma writes: “My understanding is that only agriculture can reboot the economy, sustain millions of livelihoods, and reduce global warming.” At a time when Nobel laureate Joseph Stiglitz says that neo-liberalism is ‘dead and buried’, and the world as a result is increasingly grappling with the gigantic problems of rising unemployment, gnawing inequality and climatic change reaching a tripping point, agriculture alone has...

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Drought casts spell on Maharshtra economy, growth stagnant at 7.5% -Sandeep Ashar

-The Indian Express The one indicator that will worry the Devendra Fadnavis-led government the most as it spells out its final budget before the state polls on Tuesday is the negative growth in the crop sector. Mumbai: Suffering from a crippling drought and growing agrarian distress, Maharashtra’s economic growth remained stagnant at 7.5 per cent. According to the Economic Survey Report (ESR) 2018-19, which was presented to the state legislature on...

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To create jobs, an industrial policy focused on labour-intensive industries is key -Santosh Mehrotra

-Hindustan Times These sectors deserve consistent support over time to compete internationally since India is lagging behind Manufacturing contributed in 2017 only about 16% to India’s GDP, stagnating since economic reforms began in 1991. By contrast, in east and south-east Asia, the industry share has exceeded 30-40% while manufacturing is 20-30%. India’s manufacturing share of GDP has not moved up at all, though between 2004-05 and 2011-12 manufacturing employment growth was...

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