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Stemming the tide of agrarian distress -Seema Bathla & Ravi Kiran

-The Hindu Rather than just increased budgetary outlays, farmers need plans that will rescue them from crop failure Similar to the last two Budgets, this year’s pro-agriculture intentions are palpable through increased outlays to the agricultural sector and initiation of various programmes. They seem impressive, but closer scrutiny shows that the measures may be of little help to stem the tide of agrarian distress. There are some real challenges confronting three...

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Growing tomatoes: A gamble on the market -Harish Damodaran

-The Indian Express Tomatoes from Kolar are even exported to countries like Dubai and Bangladesh. Kolar (Karnataka): He has grown tomatoes on just 10 gunthas or 0.25 acres, but hopes to net at least Rs 1.5 lakh from selling the fruits during the coming summer months. “I am confident about my yields, which should be roughly 12 tonnes. My production cost would work to Rs 75,000. If I get Rs 19-20/kg, my profit...

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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha

-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...

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Job Growth Plummets, Says New Govt. Report -Subodh Varma

-Newsclick.in Manufacturing sector loses 87,000 jobs in Apr-Jul 2017. The latest Quarterly Employment Survey (QES) Report released by the govt.’s Labour Bureau reveals that just 64,000 jobs were added in eight selected sectors during April-July 2017 down by 65% compared to the previous quarter. Compared to the base level estimate of total employment of 205.22 lakh as on 1 April 2016, the Indian economy has added 4.8 lakh jobs in 15...

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