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Failing the farmer -CP Chandrasekhar

-Frontline Outcomes of the patterns of growth induced by neoliberal economic reforms have increased the disproportionality between agricultural and non-agricultural growth, and with costs rising and prices not keeping pace, agriculture is becoming increasingly unviable. FARMERS across northern and central India-in Maharashtra, Madhya Pradesh, Rajasthan, Haryana and elsewhere-are distressed. Unseasonal rains have damaged their standing crop and help from the government has been meagre and slow in coming. This, however, is...

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CAG rips into famed Gujarat growth model

-The Times of India GANDHINAGAR: The Comptroller & Auditor General (CAG) of India report tabled in the state assembly on Tuesday raised several question marks on the much-famed Gujarat Model. The report tore apart the tall claims of the state government led by former chief minister Narendra Modi on agricultural growth, social indicators and spent on social infrastructure, fiscal discipline, right to education, and law and order situation. The report observed that Gujarat's...

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Why is farm sector loan growth this year higher than agricultural GDP? -Ravi Krishnan

-Livemint.com The nominal agricultural gross domestic product growth is down this fiscal year, but credit growth to agriculture is up Here's a strange fact: nominal agricultural gross domestic product (GDP) growth is down this fiscal year, but credit growth to agriculture is up; and while nominal industrial GDP is up a bit, credit growth to industry is down. Please click here to read more. ...

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Public funds to push neoliberal agenda -CP Chandrasekhar

-Frontline.in   The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....

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Lead from the Centre -Ashok Gulati

-The Indian Express Indian farmers are under stress this year. Earlier, many of them lost their crops in the kharif season, which was almost a drought with monsoon rains falling 12 per cent below their long-period average. Now unseasonal rains have impacted them adversely in the rabi season. Agri-GDP growth this year, expected to be a meagre 1.1 per cent before the unseasonal rains, may fall flat to just zero, if...

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