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A self-inflicted economic slowdown -Puja Mehra

-The Hindu The government has failed to heed recommendations made by economists and bureaucrats on turnaround measures One of the visitors to pay a courtesy call on Prime Minister Narendra Modi after his re-election this summer was a former Secretary to the Government of India holding a high-profile constitutional office. During the conversation, the Prime Minister asked: “Arthvyavastha ka kya karna chahiye? (What should be done about the economy?)” The former bureaucrat ,...

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Solution to economy's woes: Boost incomes of those who will spend it best -Harish Damodaran

-Financial Express Two measures can do much to bring back price sentiment and liquidity in agricultural markets, just when farmers are set to harvest a bumper crop. The current economic slowdown began with Bharat. It has to also end with Bharat. According to the National Statistical Office’s GDP estimates for April-June 2019 released on Friday, India’s agriculture sector — which includes forestry and fishing — grew 2.04% year-on-year during the quarter....

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Dip in tractor sales indicate further deepening of rural distress

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

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A reality check indicates that MSP set for 2019-20's kharif crops is not 1.5 times the 'C2' cost of production

  A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...

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MP Raju Shetti, Maharashtra's foremost farmer leader and president of Swabhimani Shetkari Sanghtana, interviewed by Ajaz Ashraf (Newsclick.in)

-Newsclick.in “Our population today is around 136 crore. Where will you get food grains for them through zero budget farming? This is sheer madness.” There is an inherent seductive charm to the term zero budget natural farming, for it makes the arduous occupation of agriculture appear beguilingly simple, an economic proposition without any risk or even requirement of capital. Coined by the Vidarbha-based farmer, Subhash Palekar, who was bestowed with the Padma...

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