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Why farmer suicides in Punjab is a climate story -Bahar Dutt

-Livemint.com The destruction of almost two-thirds of the state’s cotton crop by the whitefly has forced 15 farmers to commit suicide, pushed hundreds of others into debt An insect has ravaged the cotton crop across Punjab’s Malwa region. The destruction of almost two-thirds of the state’s cotton crop by the whitefly has forced as many as 15 farmers to commit suicide and pushed hundreds of others into debt. A Times of India report...

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India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury

-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...

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End the killing fields -Sunita Narain

-Business Standard This is our season of despair. This year, it would seem, the gods have been most unkind to Indian farmers. Early in the year came the weird weather events, like hailstorms and freak and untimely rains that destroyed standing crops. Nobody knew what was happening. After all, each year we witness a natural weather phenomenon called the "western disturbance" - winds that emanate from the Mediterranean and travel eastward...

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Swaminathan MSP: Solution to Agrarian Crisis and Farmers’ Distress? -Ranjit Singh Ghuman

-Economic and Political Weekly Farmers' unions and political parties have been demanding the implementation of the Swaminathan minimum support price (cost plus 50%) to address agrarian crisis and farmers' distress. But they have not raised demands for the implementation of the recommendations of the National Commission on Farmers, which have the potential to provide lasting solutions. Ranjit Singh Ghuman (ghumanrs@yahoo.co.uk) is a Nehru SAIL Chair Professor, Centre for Research in Rural and...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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