-The Statesman Agriculture is the source of livelihood for nearly 700 million people in India, representing a huge workforce. More than half the GDP of the rural economy is based on agriculture. It is not just a profession but a traditional occupation, a way of life. Agriculture is characterised by small and fragmented land holdings. Small (up to one hectare of land) and marginal (more than one ha and up to 2...
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Weather department downgrades monsoon forecast to 88%, stokes drought fears; govt 'prays'
-Hindustan Times India’s June-September monsoon, the lifeblood of Asia’s third-largest economy, will most likely be “deficient” this year with the met department downgrading its forecast from 93% to 88%, earth sciences minister Harsh Vardhan said on Tuesday. The India Meteorological Department’s (IMD) revision -- which had forecast “below normal” monsoon in April -- will potentially toughen challenges for the Narendra Modi government already battling a farm crisis triggered by unseasonal rains in...
More »Modi government cuts social sector allocations to states by half to promote cooperative federalism
-The Economic Times BENGALURU: As the central government devolves more fiscal freedom to the states, they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push toward cooperative federalism. Finance Minister Arun Jaitley's February budget cut allocations to the states by more than half in...
More »Beef ban: 'Cattle in gaushalas, men in jail!' -Priyanka Kakodkar
-The Times of India YAVATMAL: He sits despondently with his array of unsold cow-bells and cattle ornaments at the Ghatanji cattle bazaar. Arun Nandeshwar's livelihood is now collateral damage in the fallout of Maharashtra's beef ban. With trade paralysed by the ban, Nandeshwar has barely any customers. Nandeshwar has been selling cattle gear for the last decade. His assortment includes brightly polished brass bells, leather neck-straps lined with ghunghroos and cowrie shells...
More »Estimates and Analysis of Farm Income in India, 1983-84 to 2011-12 -Ramesh Chand, Raka Saxena, and Simmi Rana
-Economic and Political Weekly This paper presents estimates of farmers' incomes from agriculture over the past three decades. The income earned by farmers from agricultural activities after paying for input costs and the wages for hired labour has seen low to high growth in different periods during the last three decades. In none of the periods do farmers' income or profitability of farming show any squeeze. The pace of growth in...
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