-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support price and the cost of production, pushing them deeper into debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-led government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruled states in...
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Crop prices and farmers' unrest -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business line Distressed farmers are demanding loan waivers, but that should not deflect focus from what needs to be done and undone to address the root cause of the agrarian crisis The farmers’ unrest across the country, and particularly across several BJP-ruled States, appears to have caught the central government by surprise. But it should really not have done so. Ever since candidate Narendra Modi in 2014 promised the farmers...
More »A Dark Satire -Ajay Vir Jakhar
-The Indian Express Branding the farmer agitations ‘political’ betrays a lack of understanding There is no proof required that economists commenting on farmer issues have reached an affliction point. When the counsellor one seeks advice from is as callous as saying that the farmers’ agitation was political and justifies it by citing declining farmer suicides and rising farmer prosperity (‘Just why are farmers rioting?’ by Surjit Bhalla, IE, June 10), one can’t...
More »Yogendra Yadav, convenor of Swaraj Party, interviewed by Archana Mishra (GovernanceNow.com)
-GovernanceNow.com As farmers protests take centre stage across the country, Swaraj Party convenor explains the ecological, economic and existential crisis behind this unrest. * We have recently seen farmers from Tamil Nadu protesting in the national capital. Then Maharashtra farmers protested, deciding not to send their produce to cities. The agitation has now reached Madhya Pradesh, leading to killings. Why there is sudden farmers’ unrest in the country? I think we...
More »Delayed impact
-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...
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