-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
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Move to cash transfers will lead to savings, put agriculture on sustainable growth path -Ashok Gulati
-The Indian Express All such investments will go a long way to augment farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...
More »Farmers stare at another loss despite good rains. They need a boost from govt -Richard Mahapatra
-Down to Earth Indian farmers have accumulated huge debts due to crop damages and less remunerative price for produce When the National Statistical Office released the advance estimate of gross domestic product (GDP) growth for the 2019-20 fiscal year, the optimism for farmers — with an above-normal monsoon — fizzled out. India’s GDP growth for the current financial year was pegged at 5 per cent, the lowest in 11 years. In 2018-19, the...
More »Lifting growth, containing inflation -Ashok Gulati
-The Indian Express Reform of grain management system could free up resources for infrastructure investment. With GDP growth rate plummeting to 4.5 per cent and with the agriculture GDP (GDPA) growth at 2.1 per cent in the second quarter of this fiscal year, everyone concerned with the economy is anxious. The question being asked is whether the Indian economy can be put back on the 7-8 per cent growth trajectory and can...
More »Agriculture exports: How it has the potential to transform Indian farm sector -Ashok Sharma
-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
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