-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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The pulse of India’s agrarian economy
-Livemint.com Pulses use less water per unit crop and also address hidden hunger The severe drought across India should hopefully help focus attention on the overuse of water in agriculture. A data analysis by Roshan Kishore in this newspaper last week showed that the average water footprint for five major crops—rice, wheat, maize, sugarcane and cotton—is far higher than global averages. At the root of the problem is a policy framework that...
More »Why pulses prices are rising -Rajesh Bhayani
-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...
More »The myth of the dumb Indian peasant -Anil Padmanabhan
-Livemint.com The perception of a farmer as a ‘dumb peasant’ in public policy lies at the core of the agrarian crisis Last month, the agriculture ministry informed Parliament that 2,806 farmers committed suicide in 2015 due to “agrarian reasons”. The data further showed that the highest number of suicides were recorded in Maharashtra (1,841), followed by Punjab (449), Telangana (342), Karnataka (107) and Andhra Pradesh (58), among others. What is common to...
More »Rains may break 2-yr El Nino jinx
-Business Standard After a hotter than usual summer, a better monsoon would boost agriculture, rural demand Reserve Bank of India Governor Raghuram Rajan's hopes of a normal monsoon this year - after two back-to-back droughts - to boost rural demand could be fulfilled. Though the summer is expected to be hotter than usual, global and domestic forecasts point to good rains this year. Officials of both the weather department and private forecasters said the...
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