-The Hindu Reviving the consumption demand and private investment has assumed the highest priority in 2019-20, notes central bank report. Mumbai: The Reserve Bank of India (RBI), in its annual report for 2018-19, has said the lack of domestic demand is holding back the animal spirits in the economy and emphasised the need to revive consumption demand and private investment during 2019-20. “What ails the animal spirits? At the core is the...

-The Indian Express High powered commitee for transformation of agriculture should reform restrictive tenancy laws, protect rights of landowners. Early in its second term, on July 1, the Narendra Modi government constituted a High Powered Committee of Chief Ministers for Transformation of Indian Agriculture. Maharashtra Chief Minister Devendra Fadnavis was appointed the committee’s convenor. The Committee is supposed to submit its report within two months. Its terms of reference (ToR) pertain...

-Livemint.com * FM vows to invest widely in agriculture infrastructure, but offers little to revive rural income and demand * In terms of new schemes, the budget announced Pradhan Mantri Matsya Sampada Yojana for the fisheries sector and another to boost traditional industries In March 2018, Rakesh Sangwan, 27, a farmer in Haryana’s Charkhi Dadri, stopped watering his tomato plants. The crop slowly withered away and, subsequently, it was mowed down by a...

-TheThirdPole.net Between wasteful flood irrigation, free electricity to farmers, and skewed market incentives, agriculture is a mess; while lack of accountability creates urban water problems in South Asia The 2019 South Asian summer monsoon is late, slow and inadequate so far. If it makes up somewhat for lost time, those 55% of Indian farmers who do not get irrigation water will still suffer, but there is a chance that reservoirs may fill...

-The Hindu Addressing the joint sitting of both Houses of Parliament, the President said that a committee of Chief Ministers was being set up to look into structural reforms in the field of agriculture. The Centre plans to invest Rs.25 lakh crore in the farm sector in the coming years to boost agricultural productivity, President Ram Nath Kovind said on Thursday. Addressing the joint sitting of both Houses of Parliament, the President said...