-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...
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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
More »P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)
-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
More »Hope with concerns in 2019 -C Rangarajan
-The Hindu Five issues need to be addressed comprehensively if India is to achieve sustained high growth The New Year is always looked forward to with hope, whatever the conditions might have been the previous year; 2018 has been a mixed bag, both globally and domestically. Globally, the growth rate in 2018 was high, particularly in the United States. But strong signs of a trade war emerged, dimming hopes of faster international trade....
More »Doubling farmers' incomes differently -RG Chandramogan
-The Indian Express Lowering production costs, and a policy shift from ‘managing shortages’ to ‘handling surpluses’, is the way forward for Indian agriculture The government wants farmers’ incomes to double in five years by 2022. While a laudable objective, the reality today is that farmers are suffering stress, if not shrinkage, in their incomes. The demand for loan waivers, and political pressures to implement these, is only a reflection of this...
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