-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...
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Poverty: The direct approach isn't always best -Bjorn Lomborg & Manorama Bakshi
-Livemint.com It is important to give preference to those approaches that help the poor the most for every rupee spent, no matter how they are labelled Sometimes in life, it is clear that the direct approach isn’t the best one. This is true in many areas, even when it comes to policymaking. Take, as an example, the area of extreme poverty. It seems logical, at first, that the most effective response should...
More »Whether It's Health or Crops, India Isn't Doing Social Insurance Right -Satya N Mohanty
-TheWire.in The Modi government is pushing insurance schemes in both health and agriculture. But are they really making a difference? How successful, effective and equitable is insurance as a state policy? Does it address what it is meant to address in the first place, be it in health or agriculture? How does it handle systemic risk, which is essentially uninsurable? Does it also present a lost opportunity for improving the delivery of...
More »Centre unveils model contract farming law
-The Economic Times NEW DELHI: The agriculture ministry on Tuesday released the Model Contract Farming Act, 2018, which lays emphasis on protecting the interests of farmers, considering them as weaker of the two parties entering into a contract. The ministry says that it is a promotional and facilitative Act and not regulatory in its structure. In addition to contract farming, services contracts all along the value chain, including pre-production, production and post-production,...
More »Contract farming Act an inadequate model -Sukhpal Singh
-The Tribune Contract farming is a much-needed vehicle to bring new crops, technologies, and markets to farmers. However, the new model Act 2018 opens up agricultural markets to contracting agencies without adequate safeguards for farmers. The first attempt at reforms in agricultural markets was made by the union government with the design of a model Agricultural Produce Market Committee (APMC) Act in 2003 which provided for new market channels for farmers and...
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