-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
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Eco Survey 2018: FY19 GDP growth seen at 7-7.5% Surabhi
-The Hindu Business Line The Survey has said that India can be rated as among the best performing economies in the world The Economic Survey 2018 has pegged FY19 GDP growth at 7-7.5%. The Finance Minister Arun Jaitley on Monday tabled the Economic Survey 2017-18 in the lower house. The Survey has said that India can be rated as among the best performing economies in the world as the average growth during...
More »Will the Budget stimulate farmers' income? -Devinder Sharma
-The Tribune The farmer is crying for structural change to make the agriculture sector vibrant so that it serves as a pivot for revival of the rural economy, thereby creating employment opportunities for the youth, says Devinder Sharma After two consecutive years of back-to-back bumper harvest in 2016 and 2017, prices for almost all the crops had crashed forcing the farmers to dump their produce onto the streets at many a places....
More »From Plate to Plough: How to help the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...
More »Tracing the economic roots of discontent among farmers -Roshan Kishore
-Hindustan Times Farmers have experienced a growing mismatch between their production efforts and incomes under the Narendra Modi government. The coming union budget will have to find a balance between two contradictory FDs: farm-distress and fiscal discipline. The choice is not going to be an easy one. Ignoring farm-distress in the last full-fledged budget before elections could be politically suicidal. Meanwhile, there are at least two things that could make the government slip...
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