-Business Standard The first two years of the Narendra Modi government were marked by big announcements that will take their time to materialise. The one sector that is unfazed by slogans is agriculture. The sector is crippled by back-to-back droughts coupled with a record fall in farm prices. A slump in global markets meant that agriculture exports, which could provide farmers alternative revenue, dried up. Agriculture and processed food exports from India...

-Hindustan Times The NDA government has set an ambitious target of spending 65% of its annual rural development budget by June to tackle drought and unprecedented shortage of water across the country. * Why the high expenditure? As large parts of the country reel under acute water shortage, the government will spend almost 65% of its annual budget by next month to mitigate the crisis. * What does this mean? The firm focus of the...

-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...

Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...

-The Hindu Both machine owners and landless farmers stand to ‘gain in this economic model’ North Purulia (West Bengal): Raghav Koibarta, 40, of Para block is a relaxed but confused fisherman. Relaxed, as he does not go for work and confused as he is not sure if it is a good idea to bunk work and drink country liquor to while away the time. “But what is the point of going to work...