-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
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Budget 2020: Boost for rural economy, connecting villages to digital India expected -Zia Haq and Rajeev Jayaswal
-Hindustan Times India’s gross domestic product (GDP) grew 4.5% in the second quarter of the current financial year, the lowest since March 2013. Union Budget 2020-21 is expected to focus on the transformation of rural India with a nearly 15% jump in fund allocation to boost the village economy and raise incomes, particularly of small and marginal farmers, three people aware of the development said on Tuesday. “Transformation of the rural economy is...
More »PM Kisan: Tenant farmers, tillers left high and dry -Siraj Hussain
-The Hindu Business Line The PM-Kisan as a tool to prop up sagging rural demand, recording of tenancy to help the real cultivators and streamlining of agricultural subsidies could be three important themes for Indian agriculture in 2020. With the defeat in the Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh in December 2018, the Government realised that to win rural votes in the General Elections in May 2019, it needed to...
More »India must reform its seed sector before RCEP takes effect -Indra Shekhar Singh & Prabhakar Rao
-The Hindu Business Line The RCEP agreement, if implemented, will allow other countries to dump excess seeds in the Indian market. The current 100% FDI policy also threatens seed sovereignty With a confirmed Brexit, the days of liberal globalisation are numbered. Open borders, FTAs and multilateral agreements find no takers in the White House either. Leaders Boris Johnson and Donald Trump have heralded a clear and blunt message of tariffs, conservative economics...
More »When politics spills over to agri sector: Pulses, oilseed growers lose out to cane farmers in Maharashtra -Parthasarathi Biswas
-The Indian Express Soyabean, which covers around 5.34 lh of area in the region, is being cultivated more recently, said Ashok Bhutada of the Kirti Group. Of the 70 lakh hectares (lh) of cultivated area in Marathwada, sugarcane is grown over only 2 lh. In contrast, pulses and oilseeds have a bigger share, with farmers growing them over 11.37 lh and 13.11 lh respectively. The sugar sector in the state, however,...
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