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A New Paradign for Indian Agriculture: From Agroindustry to Agroecology (2022) -Neelam Patel, Bruno Dorin, and Ranveer Nagaich

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

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Samyukta Kisan Morcha reiterates the demand for legally guaranteed MSP for crops

-Press release by Samyukta Kisan Morcha dated 17th April, 2022 On the call of Samyukta Kisan Morcha, the MSP Guarantee Week was observed from April 11th to 17th by the farmers across the country — Protests, demonstrations, meets, conventions, seminars and other programs were held across the country Despite SKM’s repeated requests for clarifications regarding the committee on MSP, vis-à-vis its composition, its mandate, its tenure, and its terms of reference, the...

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Russia’s war in Ukraine is crushing Sri Lanka’s $81 billion economy -Anusha Ondaatjie

-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede -Subramani Ra Mancombu

-The Hindu Business Line Indian farmers gain as local wheat, maize, soyabean and mustard prices rise Prices of agricultural commodities, particularly wheat, maize, soyabean and palm oil, dropped significantly in the global market during the weekend, after having surged on February 24 when Russia ordered its troops into Ukraine.  The rates of most of these commodities dropped by over five per cent as members of the North Atlantic Treaty Organization (NATO) led by...

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