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No achhe din for the farmer -Ashok Gulati & Ranjana Roy

-The Indian Express When it comes to agriculture growth, the NDA government compares poorly with its immediate predecessor. The next government must initiate structural reforms, set realistic targets The Central Statistics Office (CSO) has released the second advanced estimates of national income for 2018-19, along with the quarterly GDP estimates for Quarter 3 (Q3). The overall GDP for Q3 is down to 6.6 per cent and for 2018-19 as a whole,...

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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati

-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...

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No budget for farmers -Ashok Gulati

-The Indian Express Direct income support for farmers is too late, too little The hopes of farmers for a meaningful package from the Modi government have evaporated after the announcements in the Union budget. The proposed Rs 6,000 annual direct income support to small and marginal farmers is a drop in the ocean. States like Telangana and Odisha have done much better with their Rythu Bandhu and Kalia schemes respectively. After...

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Jean Dreze, the Belgian-Indian economist, interviewed by Ujjawal Krishnam (National Herald)

-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...

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Remove shackles on agricultural prices

-The Economic Times blog As policymakers debate what form of income support will cure India’s extensive farm distress, we have a study whose insights suggest that the right policy has to look beyond ratcheting up support prices to unsustainable levels and cash transfers to farmers. Agricultural policy is deeply flawed and calls for structural reform. This crisis can no longer be contained with band-aid. It calls for proper diagnosis and remedy. Such...

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