-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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Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »Fix farm woes to power inclusive growth -Sanjoy Chakravorthy, S Chandrasekhar and Karthikeya Naraparaju
-The Hindu Business Line Fragmentation of agricultural land has caused sharp, uneven fluctuations in Farmer Incomes. Policy must address this Inclusive growth — also called “pro-poor” growth — has become an important idea in the development discourse in India. It has widespread support because it combines the two most important ideas in development: income growth along with a progressive (or more egalitarian) distribution. The term was first embraced in the early 2000s...
More »Model contract farming Act to counter price risks: Experts -Madhvi Sally
-The Economic Times New Delhi: The government has come out with a draft model contract farming act, which industry insiders said will protect farmers from price risks and encourage food processing companies to invest more in infrastructure and farming technology once states adopt it. The agriculture ministry has put up the model act on its website for various stakeholders, including contract farming and value chain promoting companies, producers' organisations and farmers, to...
More »Rural economy holds the key to economic revival -Himanshu
-Livemint.com Distress in rural economy is not limited only to the agrarian sector but has also spilled over to the larger economy with unemployment becoming a major challenge 2017 has been a bad year for the economy. The fact that the economy is in crisis, particularly the rural economy, is no longer a matter of statistics. The recent elections in Gujarat have laid bare the fissures in the rural economy that have...
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