-Frontline Outcomes of the patterns of growth induced by neoliberal economic reforms have increased the disproportionality between agricultural and non-agricultural growth, and with costs rising and prices not keeping pace, agriculture is becoming increasingly unviable. FARMERS across northern and central India-in Maharashtra, Madhya Pradesh, Rajasthan, Haryana and elsewhere-are distressed. Unseasonal rains have damaged their standing crop and help from the government has been meagre and slow in coming. This, however, is...
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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »NC Saxena, former member of the Planning Commission and National Advisory Council, speaks to Kanika Datta
-Business Standard NC Saxena, former member of the Planning Commission and National Advisory Council has been critical of the land acquisition, rehabilitation and resettlement Act. He tells Kanika Datta why things are unlikely to improve with the amendments recently passed by the Lok Sabha. Edited excerpts: * You were critical of the LARR Act but less so of the ordinance. Why? Let me clarify. The 2013 Act was anti-farmer and anti-industry. The ordinance...
More »Green revolution in Chhattisgarh's red zone
-Business Standard A slew of measures taken by the Chhattisgarh government had reportedly helped in enhancing the kharif acreage in the pockets affected by the Naxal violence A slew of measures taken by the Chhattisgarh government had reportedly helped in enhancing the kharif acreage in the pockets affected by the Naxal violence. The authorities have compiled the figure for Narayanpur - country's one of the worst Naxal-infested districts reportedly housing the headquarters of...
More »Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
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