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A statistical boost to growth in Indian economy -Manas Chakravarty

-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...

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Old irrigation method a big hit in hills -Akshaya Kumar Sahoo

-The Asian Age The increase in the income has also halted migration of local people to other states in search of work. Bhubaneswar: Grappling with financial problems because of non-remunerative character of their age-old agricultural practices, villagers living in hilly areas of Odisha’s Gajapati district have suddenly found enough money coming to their pockets by adoption of traditional methods of irrigation. Sourcing water in the Diversion Based Irrigation (DBI) system from the streams...

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Expect a Budget for angry Bharat -TV Jayan and Rutam Vora

-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...

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Model contract farming Act to counter price risks: Experts -Madhvi Sally

-The Economic Times New Delhi: The government has come out with a draft model contract farming act, which industry insiders said will protect farmers from price risks and encourage food processing companies to invest more in infrastructure and farming technology once states adopt it. The agriculture ministry has put up the model act on its website for various stakeholders, including contract farming and value chain promoting companies, producers' organisations and farmers, to...

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To counter farm distress, Haryana govt looks at MSP formula for vegetables -Sukhbir Siwach

-The Indian Express In June this year, The Indian Express had highlighted how farmers were selling potatoes for 20 paise a kilo at the Pipli grain market in Kurukshetra district. Chandigarh: Moving to address farm distress, the Haryana government is set to announce Saturday the Bhavantar Bharpai scheme which, on the lines of minimum support price (MSP), will offer “input cost” for four crops — potato, onion, cabbage and tomato —...

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