-Down to Earth Incentivising farmers to sell solar power as a remunerative crop can help reduce the usage of diesel pumps The irrigation-energy nexus in India's agriculture sector is characterised primarily by depleting groundwater and a growing debt burden of power distribution companies (DISCOM). This is due to massive power subsidies that remain underfunded by the states. The Government of India (GoI) has been promoting solar irrigation pumps by offering substantial investment...
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The lure of 10 million jobs a year -Richard Mahapatra
-Down to Earth Employment in agriculture has increased. Will it lead to shed the belief that agriculture will not be able to employ further? The latest data of the Centre for Monitoring Indian Economy (CMIE), a non-government research agency, points out an interesting trend in employment in India. An increasing number of people are joining agriculture for employment in a shift from non-Farm Sectors like manufacturing and other informal jobs. The CMIE analysis...
More »Centre to farm out assets to private sector to raise Rs 6 lakh cr
-The Telegraph Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government plans to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv...
More »Modinomics’ Legacy ― Labour Traffic Now Flows From Factories to Farms -MK Venu
-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services sectors to agriculture. The total number of persons employed in India varies between 400 million and...
More »Tackling India's structural vulnerability in agriculture -Sushma Vasudevan and Aparna Bijapurkar
-The Hindu Business Line A sustainable collectivisation of agri produce and marketing, through Farmer Producer Organisations, will help the highly fragmented agriculture sector realise its full revenue potential. It is widely known that India’s agriculture sector has a challenge of lack of scale. Around 80 per cent of our farmers are small and marginal, with less than two hectares of land. Farmer Producer Organisations (FPOs) have been posed for years as the...
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