The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
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Telangana to encourage farmers to grow pulses
-Deccan Chronicle Nearly 40 per cent of the crops were lost due to the pest attack. HYDERABAD: The Telangana state government has decided to encourage the cultivation of pulses in place of cotton during the ensuing Kharif season in June. This is because cotton farmers had suffered huge loss in 2017 due to the pink bollworm attack and there are concerns about pests harming the cotton crop again during the kharif season....
More »The changing politics of food price inflation -Sonal Varma and Aurodeep Nandi
-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...
More »Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar
-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...
More »Arun Jaitley hasn't fulfilled his promise to farmers. So why is he pretending like he has? -Yogendra Yadav
-ThePrint.in The FM knew that the media would not spend that much of time and attention on farmers. He knew that on farmers, you need not put your money where your mouth is. I type the finance minister’s name very carefully. He is “Jaitley”, and not “Jaitlie”. I bow to India’s Parliament and note that the spelling of his name is a matter of national interest. Now I wait for Parliament to...
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