-Business Standard Looking at economics behind agricultural households, a survey notes that 68.3% of such households still relied on agriculture as primary source of income Rural distress is a known story but a survey by NSSO has revealed the alarming level of fragmentation in farmland and unavailability of jobs. As many as 69 per cent agricultural households own less than a hectare of farmland each, making farming unviable and forcing migration to...
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From plate to plough: A leaf from the MP book - Ashok Gulati & Aastha Malhotra
-The Indian Express Madhya Pradesh’s agricultural growth rates offer important lessons for the Centre Shivraj Singh Chouhan completed 10 years in office as chief minister of Madhya Pradesh last week. His most outstanding achievement is the excellent performance of agriculture — the agri-GDP of MP grew at 9.7 per cent per annum during 2005-06 to 2014-15, surpassing even record-holder Gujarat’s 7.7 per cent. The last five years have been even more...
More »Commission Agent System: Significance in Contemporary Agricultural Economy of Punjab - Sukhpal Singh and Shruti Bhogal
-Economic and Political Weekly Despite favourable policy measures, growth of financial institutions and public interventions in the marketing of agricultural produce, the structure of Punjab's agricultural economy makes farmers dependent on commission agents. These agents trap the farmers in a vicious circle of indebtedness. Based on a field survey, this study locates the commission agent system in Punjab's agriculture set-up and recommends reframing it in order to extricate farmers from the...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »Paddy Profit Nosedives, Farmers Driven to Brink -Siba Mohanty
-The New Indian Express BHUBANESWAR: In a State where agriculture continues to be the mainstay of livelihood for the majority, the spate of farmer suicides has not really come as a surprise. Or has it? With agriculture turning into a non-remunerative business and State’s farm sector remaining largely rain-fed, climatic changes have been sounding the warning bells but the Government saw no danger. Its self-assuredness that minimum support price (MSP) only is...
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