-The Financial Express Turning agriculture around should be the top priority of government in the new year. India became the world’s fastest-growing economy in 2015. Indian agriculture, however, fared much worse. Agriculture grew only by 0.2% in FY15. Two consecutive years of drought, unseasonal rains in rabi season and falling food prices in global markets have driven farmers to desperation. Turning agriculture around should be the top priority of government in the...
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Civil society urges more resources for social sector
Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
More »Drought or no drought, farm sector adapts to low rainfall -Sanjeeb Mukherjee
-Business Standard Despite two consecutive years of deficient rains, farm growth was positive in Q2 of 2015-16 The India Meteorological Department (IMD) might have decided to drop the use of the word “drought” from its nomenclature, but even if it had not done so, it would have hardly made a difference. Studies show that Indian agriculture has, over the years, developed an inherent resistance to drought. The share of agriculture in the overall...
More »Farm policy needs to change with the times -Nilabja Ghosh
-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...
More »Free, not fair -Sukumar Muralidharan
-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...
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