The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »Farmers not getting MSP, says Agriculture Minister
-PTI Consultations on with States, NITI Aayog to increase the income of farmers New Delhi: Farmers are not getting the mimimum support price (MSP) for their crops, and efforts are being made so that they get the right remuneration, Radha Mohan Singh, Agriculture Minister, said on Friday. During Question Hour in the Rajya Sabha, Singh said that from his experience he felt that farmers often did not get the price settled as the...
More »Old irrigation method a big hit in hills -Akshaya Kumar Sahoo
-The Asian Age The increase in the income has also halted migration of local people to other states in search of work. Bhubaneswar: Grappling with financial problems because of non-remunerative character of their age-old agricultural practices, villagers living in hilly areas of Odisha’s Gajapati district have suddenly found enough money coming to their pockets by adoption of traditional methods of irrigation. Sourcing water in the Diversion Based Irrigation (DBI) system from the streams...
More »What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Agricultural prices crashed in April-June, just when a bumper rabi crop had been harvested after two years of drought, and despite demonetisation. 2017 was agriculture’s annus horribilis. The reason wasn’t monsoon failure (as in 2014 and 2015) or unseasonal rain and hail (as in March 2015); the year was, in fact, largely free of extreme weather events, resulting in a record output of wheat, pulses, cotton, potato and a...
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