-Financial Express A study by ICRIER researchers Ashok Gulati and Pritha Banerjee shows how problematic the fertiliser policy is—for farmers, industry, the environment and the government. India’s experience with fertilisers, in the later part of the Green Revolution, prompted it to adopt a policy of subsidising fertilisers. In 1977, the country had a total NPK (nitrogenous, phosphatic and potassic) fertiliser consumption of 4.3 million metric tonnes (mmt) and per hectare usage...
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Lack of market, low yield dissuades Sangrur farmers from going organic -Avtar Singh
-Hindustan Times As per district agriculture department, around 15 farmers of Sangrur have adopted organic farming over 50 acres land in the district with different crops such as wheat, paddy, sugarcane and vegetables. The sowing season of wheat has begun in the state Chandigarh: Amid serious threats to human health and environment due to the use of pesticides and fertilisers, some progressive farmers of Sangrur have chosen to produce organic wheat on...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »Market incentives, direct income support for farmers are far more effective in increasing agricultural productivity -Ashok Gulati & Sakshi Gupta
-The Indian Express India can learn three lessons from China — investing more in agri-R&D and innovations, improving incentives for farmers by carrying out agri-marketing reforms, and collapsing input subsidies into direct income support on per hectare basis. India and China, the world’s most populous countries, have limited arable land — China has about 120 million hectares (mha) and India 156 mha. The challenge before the two countries is to produce...
More »Why farmers don't like direct cash transfers -Harish Damodaran
-The Indian Express The main reason for rejecting the DCT (as opposed to DBT) option was the belief that paying market price for fertilisers upfront would result in additional financial burden. More than three-fourths of Indian farmers like the new system of fertiliser subsidy linked to sales made to them by retailers being registered on point-of-sale (PoS) machines. This so-called direct benefit transfer (DBT) system, wherein the subsidy to fertiliser companies...
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