-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...
More »SEARCH RESULT
Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »Spending on agri R&D alleviates poverty substantially: Study -TV Jayan
-The Hindu Business Line This brings higher returns; govt must spend more on R&D, roads: ICRIER paper New Delhi: Spending on agricultural research and development, including extension services, is at least 10 times more effective in reducing poverty than spending on fertiliser or power subsidies, an ongoing study has shown. Spending ?10 lakh on agricultural R&D can help lift 328 people out of poverty, whereas allocating the same for fertiliser or power subsidies...
More »Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad
-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...
More »Agri experts call for income security, price support for farmers
-The Hindu Business Line Meet Jaitley for pre-Budget discussion New Delhi: Experts from the agriculture sector have sought measures to offset the impact of inflation on crops and income security for farmers and also debated the farm loan waiver at a pre-Budget meeting with Finance Minister Arun Jaitley on Tuesday. This was the first such meeting and the Finance Minister will meet more sectoral groups this week to get their proposals for the...
More »