-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...
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Raw deal for farmers -Vijoo Krishnan
-Frontline.in The Budget lacks any serious effort to address the main issues of unemployment, agrarian distress and falling incomes, revealing a high level of official insensitivity. A Budget during a time of recession, increasing unemployment, agrarian distress, falling incomes, demand constraint and malnutrition would have done well to first acknowledge the mess that policies have created and then taken steps to provide employment, boost rural incomes, increase purchasing power and thereby demand. Coming...
More »Farmers' group not impressed with Union Budget 2020-21
-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Hidden figures: The numbers show absolute deterioration in the condition of farmers -Prabhat Patnaik
-The Telegraph Their demand for assured remunerative prices, therefore, is perfectly justified There are occasions when one suddenly becomes aware not just of the inadequacy of economic concepts for understanding reality but even of their obfuscating role. One such occasion was the recent kisan march in Delhi. The peasants have been facing distress for long, which has resulted in more than three lakh suicides over the last two-and-a-half decades, in growing indebtedness...
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