-Livemint.com The government is confident of doubling farmers’ income by 2022, says Modi New Delhi: Indian farmers are taking to new and scientific methods of cultivation by adopting organic and solar powered farming, while the government has formulated an agriculture export policy to prepare farmers for the international market, Prime Minister Narendra Modi said in his Independence Day speech on Wednesday. “Despite apprehensions of many, we have set a goal to double farmer...

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

-The Hindu Business Line Tested across AP, this technique, though devoid of chemicals, has helped boost productivity and cut production costs In the last fortnight, two announcements to revive the sagging farm sector evoked differing responses. While the announcement by the government to hike minimum support price for selected crops generated political noise, a more nuanced approach by NITI Aayog seeking State governments’ support in reducing cost of crop production was...

-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...