-The Hindu Business Line New Delhi: A substantial increase in input costs of materials has led to a decline in crop income over the years. This has resulted in the purchasing power of farmers not improving even though there was an increase in farm output, an official report has said. “By and large, the per hectare real value of output increased for most crops during the period 2004-05 to 2013-14, but the...
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Economy Plunging Headlong Into Recession -Prabhat Patnaik
-TheCitizen.in NEW DELHI: Volume II of the Economic Survey which was brought out by the Ministry of Finance a few days ago paints an extremely grim picture of the Indian economy. The growth rate of real Gross Value Added (GVA which is the appropriate thing to look at, since the GDP measure includes net indirect taxes and hence does not truly reflect output trends), was 6.6 percent for 2016-17 as a whole,...
More »Rajya Sabha brainstorms on agrarian crisis
-The Hindu BJP lists ‘pro-farmer’ steps; govt. blind to problems: Digvijaya Opposition members in the Rajya Sabha sought to corner the Centre on the issue of agrarian crisis on Tuesday, accusing it of floating policies that were detrimental to farmers’ interests. However, defending the Narendra Modi government, members from the BJP and its allies hailed the “pro-farmer” initiatives taken under his leadership. Prabhat Jha, Parshottam Rupala, Ram Narain Dudi, Sanjay Raut and La....
More »A Famine Of Ideas For Farmers -Sutanu Guru
-BusinessWorld.in There simply are no easy solutions to the crisis in Indian agriculture, a product of decades of neglect and poor policies It is quite macabre, really — the barely concealed glee that seems to course through liberal analysts and intellectuals whenever it looks like Prime Minister Narendra Modi is heading for trouble. Macabre, because as the latest series of protests and events centred around farmers show, it is as ghoulish as...
More »Data in the post truth era -Prabhat Patnaik
-The Telegraph The Narendra Modi government's record in tacitly supporting the actions of a bunch of vigilante thugs who have been terrorizing the country, especially the Muslims and the Dalits, in the guise of gau rakshaks, or opponents of love jihad, or 'nationalists', has been so outrageous that it has grabbed all the critical attention. In the process, the government's abysmal failures in other spheres have gone virtually unnoticed. One such...
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