The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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Number crunching helps farmers manage water -Manu Moudgil
-IndiaWaterPortal.org Calculating water availability and crop budgeting can prevent over-extraction of groundwater and mounting farm debt. At 42 years, Bhagwat Ghagare seems young. But he is old enough to have seen his village prosper and decline many times. Farming had traditionally been small and distress migration rampant at Kumbharwadi in Ahmednagar district of Maharashtra. Between 1998 and 2002, a non-profit organisation, Watershed Organisation Trust (WOTR), initiated a work related to rainwater harvesting...
More »Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators
Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...
More »The pulse of Indian agriculture -Devesh Chaturvedi
-The Pioneer Government policies for the pulses sector have helped overcome multiple challenges. Effective implementation of an integrated module can solve most farm problems Agricultural transformation is high on everybody’s agenda today. Various stakeholders, including experts, policy-makers and political executives, have expressed their views on how to move forward with agricultural policies so that our farmers can prosper. However, performance of policies and strategies that are already in their implementation stage will...
More »Farmers bear the burden of deflation -Harish Damodaran
-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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