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Changes in the Rural Labour Market and Their Implications for Agriculture-Ramesh Chand and SK Srivastava

-Economic and Political Weekly   The rural labour market is undergoing significant changes mainly due to rising employment opportunities outside agriculture. The real wage rate for farm as well as non-farm rural labour is moving upwards. This has serious implications for the farm sector. This study examines the trend and pattern of rural labour diversification and identifies the underlying factors for this change. The movement of workers outside the agriculture sector was...

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Giving agriculture its due

-The Hindu There are obviously several dimensions to India's recent agricultural performance which Finance Minister P. Chidambaram in his budget speech termed as "stellar". A week before the budget, Agriculture Minister Sharad Pawar had announced that foodgrain production is on course to touch a new record of 263 million tonnes, up from 255.36 million tonnes last year. The good performance is seen with regard to other crops too. Estimates of...

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Young and jobless -Jitendra

-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...

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Small-scale fish farmers not benefitting from big-scale fish profits, UN reports

-The United Nations The international fish trade is breaking records, the United Nations today reported, but benefits from the trade are not trickling down to the small-scale fishing communities which make up the majority of the sector's global workforce. "The proportion of fish production being traded internationally is significant, at around 37 per cent in 2013," said Audun Lem, Chief of UN Food and Agricultural Organization's (FAO) Products, Trade and Marketing Branch....

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Checking a claim

-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...

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