-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...
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Perfect storm
-The Indian Express The reality of rural distress is sinking in only now for policymakers. There can be no better illustration of the vagaries of the weather than Chennai’s streets being inundated with water and the second India-South Africa cricket test in Bangalore suffering washout due to rains, even as drought stalks much of the country. That really is the case today, with Tamil Nadu, Kerala, southern and coastal Karnataka, Rayalaseema...
More »Drought distress: Winter of discontent for Madhya Pradesh farmers -Milind Ghatwai
-The Indian Express Extended dry spell hits rabi plantings on top of failed kharif crop Bhopal: Madhya Pradesh, an agricultural success story of the past decade, is bracing itself for a rough time this year, with deficient rains resulting in the failure of the kharif crop and also putting a question market over sowing in the ongoing rabi season. The state, in recent times, had emerged as the country’s second largest contributor of...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
More »India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury
-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...
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