-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...
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Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik
-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...
More »India can learn a lot from Korea’s economic boom -Vivek Kaul
-Livemint.com In 1961, the Per Capita Income of India and South Korea was similar at $85.4 and $93.8. In 2019, there was a huge difference as they stood at $2,104.1 and $31,762, respectively. How did that happen and what can India learn from it? Mint explains * What has happened between 1950s to now? As Arvind Panagariya, the first vice-chairman of NITI Aayog, writes in India Unlimited: “In the early 1950s, South Korea,...
More »Cruel legacy of Green Revolution? Covid-19 underscores 'risky, fragile' food system -Moin Qazi
-Counterview.net The Covid-19 crisis has highlighted the risks of an unhealthy diet and the extreme fragility of food systems. The economic reconstruction that will follow the pandemic is the perfect opportunity to provide better nutrition and health to all. The pandemic should spur us to redefine how we feed ourselves, and agricultural research can play a vital role in making our food systems more sustainable and resilient. Family-owned farms still produce some...
More »The tale of two economies: What changed in 30 years -Vivek Kaul
-Livemint.com World Bank data shows that India’s Per Capita Income, as of 2019, is about a fifth of China’s. What changed in the last three decades? Mint explores Until 1990, India’s Per Capita Income was higher than that of China. However, data from the World Bank shows that India’s Per Capita Income, as of 2019, is about a fifth of China’s. What changed in the last three decades? Mint explores. What was China’s...
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