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India's Cow Crisis Part 2: Threat of decline looms over livestock economy after 35 years' Growth -Jitendra

-Down to Earth The circular economy of cattle has ruptured, threatening livelihoods of India’s poorest. The value output of the livestock economy is Rs 9.18 lakh crore, managed mostly by small and marginal farmers It is almost a year since Rahamdin Khan hasn’t got any good sleep. A resident of Khoabas, a bucolic village of 500 households at the foothills of Aravalli mountain range in Rajasthan’s Alwar district, Rahamdin witnessed a cruel...

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Farm crisis: Short-term palliatives are futile -G Chandrashekhar

-The Hindu Business Line To help farmers, a long-term plan to improve input delivery, irrigation and rural infrastructure is a must Some 60 years ago, the country’s first Prime Minister Jawaharlal Nehru said: “Everything can wait except agriculture”. But for the last two decades, agriculture has been waiting even as the economy has continued to make rapid strides. The country is today paying a price for the omissions and commissions of successive governments...

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Backdated GDP series and future Growth -Ashima Goyal

-The Hindu Business Line The new series data cannot really be faulted. But it is important not to repeat the policy mistakes that hit industrial Growth The 2011-12 base backdated GDP series led to much discussion. The reduction in past Growth rates gave them a political colour. It is unfortunate if the independence of the CSO and associated experts is questioned just because of this coincidence. A rebasing that uses much richer...

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Farm loan waivers can derail India's Growth story -Ramesh Chand

-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast Growth in the income of non-farm...

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Hope with concerns in 2019 -C Rangarajan

-The Hindu Five issues need to be addressed comprehensively if India is to achieve sustained high Growth The New Year is always looked forward to with hope, whatever the conditions might have been the previous year; 2018 has been a mixed bag, both globally and domestically. Globally, the Growth rate in 2018 was high, particularly in the United States. But strong signs of a trade war emerged, dimming hopes of faster international trade....

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