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Reaping distress -Jayati Ghosh

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

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From Plate to Plough: Twenty-five years of tinkering -Ashok Gulati

-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...

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Rural demand: How much can the monsoon help? -Renu Kohli

-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...

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INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.

Situation alarming: More than one-third population hit by drought   The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...

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Drought-hit farmers trading cattle for cash -Ketaki Ghoge

-Hindustan Times Parbhani: It took Pandurang Shinde three trips to the weekly Khandoba cattle bazaar in Parbhani, one of the eight drought-hit districts of Marathwada, to find a buyer for his pair of bullocks. After much heckling, he managed to sell his coveted pair at Rs 50,000, half the price at what the animals had cost him. The weekly cattle bazaar, held on Thursdays, at Parbhani taluka is packed these days, full...

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