-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
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25 years of change: Why India’s farm sector needs a new deal -Zia Haq and Gaurav Choudhury
-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
More »Farmers cultivating pulses in big way
-Deccan Herald Buoyed by the incentives announced by the government, farmers appear to have taken up cultivation of pulses in a big way this year. New Delhi: According to the data released by the Agriculture Ministry, pulses acreage has increased 39% as compared to the same period last year. Sowing of coarse cereals and oil seeds has also increased but acreage of sugar cane and cotton has declined. The area under pulses cultivation was...
More »A forest drought no one is talking about -Purshottam Singh Thakur, Ajit Panda & Anupam Chakravartty
-Down to Earth Severe dry spells in Indian forests have hit the livelihood of more than 100 million people. But India simply does not acknowledge this drought For more than five months, residents of Jabarra village have been foraging the forests for minor forest produce (MFP). The forest in Chhattisgarh’s Dhamtari district is abundant with more than 200 types of forest produce and the district is known as Asia’s biggest trading...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
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