-Livemint.com * The slowdown was more pronounced in northern India * Rural India contributes 36% to overall FMCG spends New Delhi: Consumption in rural India fell to a seven-year low in the September quarter, growing at a slower pace than that witnessed in urban areas, in a sign that prolonged agrarian distress, uneven rainfall spread, and stagnant rural incomes have hit sales of branded packaged goods, market researcher Nielsen said in its quarterly...
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Sowing the seeds of climate crisis in Odisha -Chitrangada Choudhury and Aniket Aga
-RuralIndiaOnline.org In Rayagada, Bt cotton acreage has risen by 5,200 per cent in 16 years. The result: this biodiversity hotspot, rich in indigenous millets, rice varieties and forest foods, is seeing an alarming ecological shift “Everybody is doing it. So we are too,” said Rupa Pirikaka, somewhat uncertainly. ‘It’ is genetically modified (GM) Bt cotton seeds, now easily bought at the local market, or even in one’s own village. ‘Everybody’ is countless other...
More »Ashok Dalwai, CEO, Doubling Farmers' Income Committee, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
The Hindu Business Line In an article on Monday, this writer pointed out how it is a challenging task to double farmers’ income, given the fall in output prices and the higher cost of farm inputs. In an interview, Ashok Dalwai, CEO, Doubling Farmers’ Income Committee, talks about the various measures the Centre is taking to ensure it is on the right track and reaches its target by 2022. According to...
More »Noted Gandhian economist Dr Sudarshan Iyengar interviewed by Rutam Vora (The Hindu Business Line)
-The Hindu Business Line Noted Gandhian economist Dr Sudarshan Iyengar surveys the distressed agricultural landscape, pinpoints its weaknesses, and prescribes solutions with their roots in Gandhian agronomics. Edited excerpts from an interview to BusinessLine: * Given the agrarian crisis in India today, how relevant are Gandhi's economic principles based on the village economy, and equitable distribution of resources? They are relevant in the context of Gandhi's view of gram swaraj (village self-rule), which...
More »Government to peg MGNREGA wages to inflation in bid to hike incomes -Priscilla Jebaraj
-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase wages, thus increasing...
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