-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...
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Fertiliser Use and Imbalance in India: Analysis of States -Ramesh Chand and Pavithra S-
-Economic and Political Weekly The common and strongly-held view in India is that balanced fertiliser use requires three major plant nutrients, namely, nitrogen, phosphorous and potassium, to be used in the ratio of 4:2:1, and any deviation in fertiliser use from this norm would constrain growth in crop productivity. This officially-accepted perception, a product of 1950s experiments, has led to wrong policies on fertilisers. Estimating actual and normative quantity of N,...
More »States recommend new cesses to fund Swachh Bharat initiatives
-Hindustan Times For a Clean India, be prepared for higher fuel and phone bills. A group of chief ministers has recommended a cess on petroleum products, telecom services and waste generated by mineral-based industries as well as Swachh Bharat bonds to fund the ambitious campaign. In a report submitted to Prime Minister Narendra Modi on Wednesday, the National Institution for Transforming India (NITI) Aayog sub-group headed by Andhra Pradesh chief minister N Chandrababu...
More »India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury
-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...
More »Ramesh Chand, member of NITI Aayog and eminent agriculture economist, speaks to Sanjeeb Mukherjee
-Business Standard India’s growth in agriculture and allied activities has struggled to reach the targeted four per cent average a year in the first three years of the 12th five-year Plan because of a host of factors. The below-average farm growth is widely expected to deepen the crisis in the farm sector. In an interview with Sanjeeb Mukherjee, newly-appointed member of NITI Aayog and eminent agriculture economist Ramesh Chand said over-reliance...
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