The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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Bullish Agri Ministry expects higher GVA growth in 2017-18
-The Hindu Business Line ‘CSO’s advance estimate factored in crop coverage data only till August 2017’ New Delhi: The Agriculture Ministry is hopeful of the overall agriculture sector posting a “much higher” gross value added (GVA) growth for 2017-18 than the 2.1 per cent growth estimate put out by the CSO’s advance estimates on Friday. The optimism of achieving a higher than estimated growth rate of 2.1 per cent stems from the fact...
More »Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »How PDS can be made effective through better governance -Anjani Kumar and Seema Bathla
-The Financial Express The Odisha experience shows that PDS can play a pivotal role in bringing convergence and making India’s two important missions—food and nutrition security—successful in a short time. New Delhi: India’s public distribution system (PDS) is the largest food security programme in the world, which covers nearly 60% of the population and costs Rs 1.45 trillion—close to 1.4% of the national income. PDS has often been criticised for its structure,...
More »Punjab's farm crisis a tragic irony -Devinder Sharma
-Deccan Herald Punjab, the food bowl of the country, is faced with a paradox of plenty. Ever since the launch of the Green Revolution in 1966, Punjab has been producing a record grain surplus year after year. Yet, over the years, it has turned into a graveyard for its farmers. There is hardly a day when reports of farmers committing suicide do not appear in Punjab newspapers. Take a look at the...
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