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Agriculture has high hopes from this Budget

-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian Agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...

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Farmers demand remunerative prices, irrigation facilities

-The Indian Express Also seek higher allocation for Price Stabilisation Fund in a pre-Budget meet Farmers’ organisations, food and fertiliser companies and agriculture experts on Monday urged finance minister Arun Jaitely to ensure that farmers get  remunerative prices for their produce and make sufficient Budget outlay to create  irrigation facilities in the remaining rain-fed areas. They also sought increase in the outlay for expanding the number of agriculture market yards and higher allocation...

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From plate to plough: A new budget in the new year -Ashok Gulati

-The Indian Express The farmers are under severe stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...

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Wheat output may drop for second year straight due to warm winter

-PTI New Delhi: Wheat production in India, the world’s second-largest producer, is likely to fall below 90 million tonnes for the second year in a row in 2015-16 due to an unusually dry and warm winter. Wheat output had declined to 88.95 mt in 2014-15 due to a poor monsoon and unseasonal rains in February-March, as against a record 95.85 mt achieved in the previous year. Sowing of wheat, a major rabi (winter)...

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Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana

-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

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