-Financial Express Farmers in India (also in undivided India) have generally been poor, and it has not been only the phenomenon of post-reforms period in Independent India, as believed by some. Yes, now it is becoming worse day by day. Farmers’ distress over the past few years has taken a new dimension so much so that political parties, without exception, are now using it as an opportunity to win elections by...
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Issues in power subsidy and farm distress -Shripad Dharmadhikary, Sreekumar Nhalur & Ashwini Dabadge
-The Hindu Business Line Farmers are wrongly blamed for high power consumption. They need incentives for growing appropriate crops Agitations and loan waivers have brought the economics of agriculture in focus. Much of the discussion is about minimum support price, farmers’ net incomes and debt repayment capacities. However, the inputs side of the issue, especially the role and sustainability of subsidised inputs, also need equal attention if agriculture distress is to be...
More »NREGA progress remains slow as drought worsens -Kavitha Iyer
-The Indian Express While a focused jobs guarantee thrust could help mitigate Financial distress for tens of thousands of rural families, Maharashtra’s performance on MGNREGA until now this year has been lacklustre on several counts. Mumbai: As drought conditions worsen in across large parts of rural Maharashtra and sowing for rabi crops adversely affected, the state is expected to give a fresh push to the Mahatma Gandhi National Rural Employment Guarantee...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
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