-The Hindu Business Line To help farmers, a long-term plan to improve input delivery, irrigation and rural infrastructure is a must Some 60 years ago, the country’s first Prime Minister Jawaharlal Nehru said: “Everything can wait except agriculture”. But for the last two decades, agriculture has been waiting even as the economy has continued to make rapid strides. The country is today paying a price for the omissions and commissions of successive governments...
More »SEARCH RESULT
Expect more distress in farm sector, warns expert -M Ramesh
-The Hindu Business Line Opening farm sector for global trade will give farmers a bigger market: S Narayan Farm sector distress is expected to worsen, cautioned S Narayan, who was the Economic Adviser to former Prime Minister Atal Bihari Vajpayee. No remunerative prices Speaking on ‘Economy in Election Year’, organised by the Chennai chapter of the Observers Research Foundation, Narayan said the underlying problem is one of abundance of production and farmers not getting...
More »Farm loan waivers can derail India's growth story -Ramesh Chand
-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...
More »Under Modi, 25% Decline in Public Sector Workers -Subodh Varma
-Newsclick.in Casual and contract workers’ proportion to regular workers has gone up to a record 53%. Nearly 2.4 lakh workers of government-run public enterprises have lost their jobs since the Narendra Modi led BJP government took power in 2014. That’s a massive 25 per cent of the workforce. Simultaneously, the number of casual and contract workers has increased to 3.8 lakh. The proportion of such employees has zoomed up from just 36%...
More »Will farm loan waiver go the way of the property tax repeal? -Indira Rajaraman
-Livemint.com All recent reforms mooted on farm credit do not address the needs of farmers for whom formal credit doors are shut Farm distress has been a sadly persistent feature for the past five years, the initial two years on account of failed rains, but in the last three years because of policy failure on a number of fronts, including, most visibly, unremunerative prices for farm produce. That it shapes electoral...
More »