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India Inc's big bet on Bharat saving the day -Sayantan Bera

-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...

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It’s raining jobs in rural India as farm economy opens up -Prashant K. Nanda

-Livemint.com * Increased government spending on the rural jobs programme has also aided returnee migrants * The urban job loss rate fell nearly 2 percentage points to 11.19% in the week ended 21 June over the previous week The timely arrival of the monsoon has given a much-needed boost to rural employment, absorbing thousands of migrant workers who have returned to their rural homes in seasonal farm jobs. The rural unemployment rate continued to...

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Shift to cash crops, deficit rainfall to blame for agrarian crisis in Marathwada: IIT-B study -Priyanka Sahoo

-Hindustan Times A gradual shift towards cash crops at the expense of food crops and deficit rainfall over the years are the primary reasons behind the agrarian crisis in Maharashtra’s drought-hit Marathwada region, according to a study conducted by the Indian Institute of Technology-Bombay (IIT-B). Published in the Environmental Research Letters in May, the study analyses the role of rainfall deficits and cropping choices in loss of agricultural yield in Marathwada. The...

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Andhra: Nearly two-thirds of farmers’ suicides during lockdown among tenant farmer, says Report -Prudhviraj Rupavath

-Newsclick.in At least 45 farmers have killed themselves since the lockdown began, said farmers’ body Rythu Swarajya Vedika. About 70% of farmers who committed suicides during the lockdown period in the last two months are tenant farmers cultivating crops in 5 to 20 acres of agricultural land, a study conducted by Telugu daily Eenadu has revealed. Besides difficulties related to crop procurement, the study found that loss of crops, financial distress related...

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Centre's Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers -Mayank Aggarwal

-TheWire.in Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term relief measures as part of an economic package. However, the package has fallen short on immediate...

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