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GDP conundrum -V Sridhar

-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...

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Pricier food, fuel push WPI inflation to 39-month high -Surabhi

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

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MS Swaminathan, Father of the Indian Green Revolution and renowned agri-scientist, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)

-The Hindu Business Line MS Swaminathan talks of the problems plaguing farmers and possible solutions Father of the Indian Green Revolution and renowned agri-scientist, Prof MS Swaminathan, in an interview with BusinessLine, states emphatically that the Centre’s promise of doubling farmer income can become a reality if careful thought is applied and a comprehensive plan is drawn up. The role of the State and the public are crucial here, he stresses. Excerpts: *...

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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...

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Will Budget help double farmers' income? -Vidya Venkat

-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...

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