-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...
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P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)
-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
More »Expect more distress in farm sector, warns expert -M Ramesh
-The Hindu Business Line Opening farm sector for global trade will give farmers a bigger market: S Narayan Farm sector distress is expected to worsen, cautioned S Narayan, who was the Economic Adviser to former Prime Minister Atal Bihari Vajpayee. No remunerative prices Speaking on ‘Economy in Election Year’, organised by the Chennai chapter of the Observers Research Foundation, Narayan said the underlying problem is one of abundance of production and farmers not getting...
More »Hope with concerns in 2019 -C Rangarajan
-The Hindu Five issues need to be addressed comprehensively if India is to achieve sustained high growth The New Year is always looked forward to with hope, whatever the conditions might have been the previous year; 2018 has been a mixed bag, both globally and domestically. Globally, the growth rate in 2018 was high, particularly in the United States. But strong signs of a trade war emerged, dimming hopes of faster International Trade....
More »The political economy of the persistent agrarian crisis -Himanshu
-Livemint.com Loan waivers and the promise to raise MSP cannot solve the problem The victory of Congress party in the recent assembly elections of Chhattisgarh, Madhya Pradesh and Rajasthan has brought the agrarian crisis in rural areas to the centre of political debate. While there are several factors in election victories, the severity of the agrarian unrest was surely a major factor. While there is consensus that the incumbent Bharatiya Janata Party...
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