-Down to Earth Jaitley continues with UPA schemes on agriculture, allocates more funds The maiden budget of finance minister Arun Jaitley is disappointing for farmers as it has nothing in its kitty to address the increasing farm stress and resolve the ongoing agrarian crisis in the country. The much-awaited budget of the Bharatiya Janata Party-led National Democratic Alliance (NDA) neither talks about assured farm income nor gives any remedy to reduce farm...

-The Hindu     The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...

-The Hindu Business Line   Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

-Financial Chronicle   Forecasts on possible monsoon behaviour are not very encouraging. There is a possibility of El Nino factors causing further problems. More recently, our farmers in parts of north and central India experienced the fury of hailstorms and heavy rains. Climate change further complicates the possibility of providing accurate advance estimates of monsoon behaviour. This is not only true in our country, but also around the world. California, for example,...