-Livemint.com Unlike the dhoti-clad, topi-wearing quintessential ‘kisan’, the new Indian farmer is vocal and tech-savvy New Delhi: In the winter of 1988 when the feisty farmer leader from Uttar Pradesh, Mahendra Singh Tikait, laid siege to Delhi with thousands of cultivators and their cattle literally creating a mess of the boat club lawns, agriculture’s share in India’s gross domestic product (GDP) was about 30%. About three decades later, the farm sector’s share in...
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Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »A Famine Of Ideas For Farmers -Sutanu Guru
-BusinessWorld.in There simply are no easy solutions to the crisis in Indian agriculture, a product of decades of neglect and poor policies It is quite macabre, really — the barely concealed glee that seems to course through liberal analysts and intellectuals whenever it looks like Prime Minister Narendra Modi is heading for trouble. Macabre, because as the latest series of protests and events centred around farmers show, it is as ghoulish as...
More »Data in the post truth era -Prabhat Patnaik
-The Telegraph The Narendra Modi government's record in tacitly supporting the actions of a bunch of vigilante thugs who have been terrorizing the country, especially the Muslims and the Dalits, in the guise of gau rakshaks, or opponents of love jihad, or 'nationalists', has been so outrageous that it has grabbed all the critical attention. In the process, the government's abysmal failures in other spheres have gone virtually unnoticed. One such...
More »Why are Madhya Pradesh farmers protesting despite record growth? -Dipti Jain
-Livemint.com The earnings of an average farm household in Madhya Pradesh remains among the lowest India, although farmers have gained from rapid agricultural growth Mumbai: Protests by farmers across India amid bumper harvests have surprised many. The biggest source of surprise has been one of the hotspots of the protests, Madhya Pradesh (MP), a state that has posted record agricultural growth over the past several years. A Mint analysis shows that although farmers...
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