-Business Standard/ India Spend 52% of India's agricultural households are indebted; with an average outstanding loan of Rs 47,000 India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, both the agriculture sector and farmers have been driven to the...
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Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari
-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...
More »Livestock economics: No more cows to come home for these farmers -Anju Agnihotri Chaba
-The Indian Express Punjab’s unique cattle breeding-cum-milk sale dairying model is under threat from gau rakshak activism and the Centre’s new animal trading rules. Randhawa and Gill are amongst Punjab’s many dairy farmers who have made the state into a major supplier of not just milk, but also milch animals. Gurdaspur (Punjab): “When there’s no land in our name, how would we now buy or sell cattle? Are they saying we...
More »Delayed impact
-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...
More »The Indian Farmer is Protesting About Much More Than Loan Waivers -Gopalkrishna Gandhi
-TheWire.in It is about agriculture’s place in the life our country, equity’s place in the life of our agriculture, and farmers’ place in the world of equity. P. Sainath has to be crazy. Or all those who read him, hear him and do nothing about what he is writing, saying, doing, have to be crazy. He says of the Indian drought : ‘Drought horribly exacerbates misery. It adds cruelly to the crisis. It is...
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