-Livemint.com Agriculture is not only crucial for what happens to growth, inflation and rural distress, it is also politically important given the simmering discontent among farmers in the last two years Last week, the India Meteorological Department (IMD) declared that the south-west monsoon has covered the entire country, 15 days earlier than normal. This may be a cause for celebration considering the distress in agriculture in the last four years. Agriculture is...
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India's forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh
-ThePrint.in The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee. New Delhi: India’s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm. Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable...
More »Farm support prices come with hidden costs -Ashima Goyal
-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...
More »Flood situation grim in Assam, improves in Jammu & Kashmir
-DD News Flood situation continues to be grim in Assam, Centre assures all possible help; In Jammu & Kashmir, flood situation improves leading to resumption of Amarnath Yatra. The flood situation in Assam continued to remain grim. Over 63,000 people are still affected by the floods across five districts, with the MeT department forecasting more rainfall in the state in the coming days. The death toll stood at 32 with no casualty being...
More »Civil society activists oppose amendments in the land acquisition legislation to acquire tribal and forest lands in Jharkhand
-Press statement by Right to Food Campaign dated 2nd July, 2018 Since 2014, people of Jharkhand have faced severe attacks on their mere right to life by the Raghuvar Das led BJP government. The government has been trying to acquire land of Adivasis and Moolvasis against their wishes that will directly affect their livelihoods. On the other hand, there is also a direct attack on the people’s freedom to religion leading...
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