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MSP intervention: A different surplus -Harish Damodaran

-The Indian Express The unprecedented procurement of pulses and oilseeds in the last couple of years has created problems — and opportunities. If there’s one area in agriculture where the Narendra Modi government has probably broken fresh ground, it is in the procurement of pulses and oilseeds.   During the 2016-17 and 2017-18 agricultural years (July-June), the Central agencies — National Agricultural Cooperative Marketing Federation of India (Nafed), Small Farmers’ Agribusiness Consortium (SFAC)...

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Enrolment under PMFBY crop insurance scheme sees steep decline -Sayantan Bera

-Livemint.com Delayed assessment of loss and settlement of claims by insurance companies may have LED to farmers losing faith in Pradhan Mantri Fasal Bima Yojana, say analysts New Delhi: Sharad Markad, a lanky teenager from a marginal farming family in Maharashtra, spent the first day of 2019 scrounging for funds. Faced with a drought, the third in the past five years, Markad had taken it upon himself to build a community cattle...

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Rajasthan farm loan waiver: Villagers who didn't take loans named as beneficiaries, probe on -Deep Mukherjee

-The Indian Express According to the Cooperative Department website, the three societies, which are currently under investigation, have waived loans of 3,073 farmers. Jaipur: Several residents of Govadi village in Rajasthan’s Dungarpur district on Saturday discovered that they were beneficiaries of the farm loan waiver announced by the previous BJP government in the state. However, the realisation soon LED to confusion among the residents as they had never taken an agricultural...

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Another Lifeline Smothered: MGNREGA in Shambles -Samarth Grover

-The Economic Times Even though the scheme had been ranked as the world's largest public works programme by the World Bank, it is being systematically undermined with illegal restrictions on its budget allocation, severe payment delays and low wages. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been a tried and tested measure to target rising unemployment and ease rural distress in the country. The Rural Employment programme, which guarantees 100...

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Backdated GDP series and future growth -Ashima Goyal

-The Hindu Business Line The new series data cannot really be faulted. But it is important not to repeat the policy mistakes that hit industrial growth The 2011-12 base backdated GDP series LED to much discussion. The reduction in past growth rates gave them a political colour. It is unfortunate if the independence of the CSO and associated experts is questioned just because of this coincidence. A rebasing that uses much richer...

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