-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran
-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
More »Written-off in the hinterland -Krishna Kumar
-The Hindu Our education system has failed to integrate the rural into the larger political community, the nation Rural Mandsaur, where five persons were killed during a demonstration recently, is a prosperous region of western Madhya Pradesh. More than a decade ago, I had the opportunity of spending two days with the children of a private residential school in Mandsaur. At that time, it was the only English-medium residential school. Its vast and...
More »Political economy structures perpetuate myopic understanding of agriculture sector -Nirvikar Singh
-The Financial Express A half-dozen years ago, I participated in a conference on water resource challenges in India. I remember Upmanu Lall, professor at Columbia University, graphically and bluntly making the point that Punjab’s water table was not far from collapse. This has been known for years, and there have been feeble efforts to deal with the problem, but they have been far short of what is needed. My own understanding...
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