-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...
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Real or nominal? Which farm income will Modi double in 5 years? -Rajalakshmi Nirmal
-The Hindu Business Line Nominal income already doubles every 6 years; real income will take 16 years Nearly a year ago, Prime Minister Narendra Modi unveiled his dream of doubling farmers’ incomes by 2022. But how viable is this promise? For one, there is ambiguity on the number the Centre is targeting. Data on farm income is not released at regular intervals. A survey of the National Sample Survey Organisation comes once in...
More »Will Budget help double farmers' income? -Vidya Venkat
-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
More »Union Budget and the agrarian crisis -MS Swaminathan
-Deccan Chronicle Arun Jaitley has reiterated the government’s resolve to help farmers double their income in another four years. Keeping in view the problems faced by farm families, who comprise over 60 per cent of our population, the finance minister Arun Jaitley has reiterated the government’s resolve to help farmers double their income in another four years. The various measures suggested for doubling income include distribution of soil health cards, promotion of more crop per drop,...
More »Agriculture growth negative in last five years -V Geetanath
-The Hindu Nabard report says high dependency on well irrigation coupled with low rainfall is acting as a constraint for achieving high farm growth Hyderabad: Agriculture growth in the last five years has been negative though it has been compensated by contribution from allied agricultural activities in Telangana, said the National Bank for Agriculture and Rural Development (Nabard) in a report presented at the credit plan seminar on Friday. Expressing the bank’s perspective...
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