-The Indian Express NDA’s existing agricultural policies are ill-equipped to achieve the stated goal of doubling them in five years. As the Narendra Modi government completed two years in office, almost each arm of government issued hordes of advertisements celebrating achievements and delineating policies and programmes that were transforming India. The ministry of agriculture and farmers’ welfare came out with a big picture of PM Modi, spelling out 10 points reflecting the...
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Tackling poverty in India: Jobs, not transfers, the big poverty-buster -Carlos Felipe Balcazar, Sonalde Desai, Rinku Murgai and Ambar Narayan
-The Indian Express Between 2005 and 2012, structural changes drove poverty reduction — non-agricultural incomes rose the fastest, and the largest shifts from farm to salaried non-farm employment were seen among the poorest. The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour, and incomes from both were propelled by a steep rise in Wages for rural...
More »State action vital to end social exclusion, says new report
Although public goods are meant for everyone to enable living life with human dignity, certain groups are systematically deprived to access them, says a new report from the Centre for Equity Studies -- a NGO based in Delhi. Put differently, not all sections of the society are able to access or enjoy public goods and services on an equal footing, despite social justice being one of the key provisions of...
More »Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
More »Farmers unhappy over ‘meagre’ hike in paddy MSP -KV Kurmanath
-The Hindu Business Line Citing Swaminathan panel formula, farmers ‘reject’ MSP Hyderabad: Farmers associations and agri-economists are angry over the “meagre” hike in the minimum support price (MSP) for paddy, pulses and other crops. The government on Wednesday announced a hike in the MSP of Rs. 60 a quintal for paddy and Rs. 425 for pulses, far below the farmers’ expectations. Swaminathan panel formula The hike in the MSP falls well short of the...
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