-The Economic Times blog In every Union Budget presentation, agriculture is given a place of prominence. This is not surprising, given that 50% of India’s population is dependent on agriculture. Budget 2017 was no different. Both the Economic Survey and the Budget speech stressed heavily on improving agricultural infrastructure and augmenting farmer incomes. The key drivers expected to set this off are areas such as investment in irrigation infrastructure, development of mandis...
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Agriculture: Here's why farmers are in trouble despite high pulse procurement
-The Financial Express Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by...
More »Agricultural credit: Tamil Nadu, Punjab in preferred states' list, even as poor farmers in Odisha, Bihar still deprived -Prasanta Sahu and Sandip Das
-The Financial Express Despite the substantial increase in agricultural credit in the past few years, a few states such as Tamil Nadu, Punjab and (pre-division) Andhra Pradesh continue to corner a large part of it, while most poor farmers in Odisha, Chhattisgarh, Jharkhand and Bihar are still deprived of credit for purchase of basic farming inputs. This scenario has undermined the efficacy of the stepped-up farm credit in boosting agricultural productivity. And...
More »Ramesh Chand, Niti Aayog member, interviewed by Prasanta Sahu and Sandip Das (The Financial Express)
-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
More »Holes in the security net -Anindita Adhikari & Inayat Anaita Sabhikhi
-The Indian Express Demonetisation shows India’s social welfare measures like MGNREGS to be worryingly patchy Following the announcement of demonetisation, reports of its devastating impact on informal sector workers, farmers and migrants began to pour in from across the country. Seeking evidence on two questions — do social security measures work in the face of such an economic shock, and do these programmes themselves face disruption because of demonetisation — we conducted...
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