The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...
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Horticulture mission raises hopes of farmers by Vidhya Sivaramakrishnan
Central scheme boosts Crop Yields significantly, but suffers as NREGA’s success eats into the available workforce S. Mallika, 27, is expecting a windfall this year. The farmer from Kurumpatti village in Tamil Nadu’s Krishnagiri district owns a 5 acre tract, which has been yielding an annual income of Rs50,000 for her family—until now. This year, Mallika is confident her earning would be six times more—Rs3 lakh—and that too from just 1,000 sq....
More »Now, a farmers’ suicide SENSEX by Sadiq Naqvi
Nearly 2 lakh farmers committed suicide in India since 1997. The share of big five states accounted for 1,22,823 suicides in this 12 year period. The data compiled by the National Crime Records Bureau points out that 16,196 farmers in India ended their life in 2008. K Nagaraj, an economist, in his report Farmers' suicides in India: Magnitude, Trends and Spatial Patterns, says, "The title to land was taken as the...
More »After the hysterics
After the suspicion and hostility of a few held up the introduction of Bt brinjal, the prime minister’s economic advisory council has stepped in to provide some good sense. In the context of Bt cotton’s success, the council recommended farm evaluations and a comprehensive risk analysis of GM crops, the results of which should be brought into the public domain as soon as possible. In India, the Bt brinjal case...
More »The soil for change
Finally, they have bitten the bullet on fertiliser subsidy. For the past three years, the Union government has agonised on the issue of mounting expenditure on this account and has not had the courage to cut the subsidy. While Finance Minister Pranab Mukherjee announced his intent to introduce a nutrient-based subsidy (NBS) in his last Budget Speech, he has finally shown courage to do so on the eve of this...
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