-The Hindu Business Line The PM-Kisan as a tool to prop up sagging rural demand, recording of tenancy to help the real cultivators and streamlining of agricultural subsidies could be three important themes for Indian agriculture in 2020. With the defeat in the Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh in December 2018, the Government realised that to win rural votes in the General Elections in May 2019, it needed to...
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Falling employment, low wages and food inflation -- the rural economy is in pain -Siraj Hussain
-Moneycontrol.com With priorities of the government changing, the agriculture sector is unlikely to see any major initiatives and reforms Inflation based on Consumer Price Index (CPI) for November is further proof that agriculture produces only marginal surpluses. Only last year, observers were worried that the planners were not engaged enough to see that India is now surplus with most agricultural commodities. Please click here to read more. ...
More »As price rises to Rs 200 a kg, onion goes missing from Bengaluru homes and restaurants
-IANS In November, Karnataka markets received 60-70 quintals of onion a day, which fell by 50 per cent in December, leading to the crisis. Bengaluru: Price of onion shot up to a whopping Rs 200 per kg in Bengaluru due to severe short supply in the market, an official said here on Saturday. "Onion price touched Rs 200 per kg in some retail shops of Bengaluru, after its wholesale rate ranged between...
More »Real rural wages plunge 3.8 per cent in September -Harish Damodaran
-The Indian Express The daily wage rate in rural India for male workers across 25 occupations (12 agricultural and 13 non-agricultural) averaged Rs 331.29 during September, as per field data compiled by the Labour Bureau. Real rural wages growth has fallen to an all-time-low of minus 3.8% in September, further confirming the deep structural slowdown in ‘Bharat’ that is also evidenced in sluggish fast-moving consumer goods (FMCG) and two-wheeler sales. The daily wage...
More »Explained: Sowing a new Seeds regime -Harish Damodaran
-The Indian Express Govt plans to change existing law to ensure availability of quality seeds to farmers. How will the proposed Bill to replace The Seeds Act, 1966 meet its objective of ‘regulating quality of seeds for sale, import, export’? The existing 1966 law already provides for regulation of the quality of seeds. What does the new Bill seek to change? The current Act only covers “notified kinds or varieties of seeds”. Thus,...
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