-The Hindu Business Line Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...
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Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
More »Farmers’ Suicides and Fatal Politics -Vasanthi Srinivasan
-Kafila.org With depressing regularity, the newspapers have been reporting farmers' suicides in many states. Recently, P Sainath wrote on BBC that around 296,438 farmers have committed suicide since 1995. He also mentions that cash crop cultivators of cotton, sugar cane, vanilla, pepper, groundnut etc account for the bulk of those suicides. According to a PIL heard by the Supreme Court in December 2014, around 3146 farmers in Maharashtra have committed suicide...
More »Slowdown in China, cotton glut may deal Indian farmers a hard knock -Zia Haq and Gaurav Choudhury
-The Hindustan Times India is likely to face a cotton glut this year. The surplus, however, will be of little comfort to suicide-prone and highly indebted farmers, who stare at a sharp drop in earnings - prices are already down 14% compared with last year. The crisis has to do with a slowdown in China, which is forecast to slash by half the amount of cotton it will import this year, most...
More »Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma
-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
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