-The Telegraph New Delhi: The national weather agency has predicted above-normal rain over eastern, central and northwestern India between July 19 and 25 amid concerns that one-third of the country has received deficient rainfall so far this monsoon season. Rainfall data released by the India Meteorological Department (IMD) on Friday show that swathes of eastern and northern India have rainfall deficits, ranging from 23 per cent below normal in Bengal to 46...
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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »MSP -- Unfair to farmers in food bowl states -Manjit S Kang
-The Tribune The input costs of only chosen farmers are considered to decide the MSP. This is unfair to the farmers of the 'Granary of India' as their input costs are much higher than those of farmers from the rest of the country. In the Indian system, farmers are the only 'businessmen' who cannot set their own price for their products —foodgrains. Even a 'rehrhi-wala' sets his own price daily for whatever...
More »NITI Aayog wants states to adopt zero-budget natural farming
-Agencies (New Delhi)/ Business Standard States can promote ZBNF under the two farm sector schemes - Paramparagat Krishi Vikas Yojana and Rashtriya Krishi Vikas Yojana. NITI Aayog vice-chairman Rajiv Kumar on Monday made a case for promoting zero-budget natural farming (ZBNF) in states, saying it would help double farmers’ income by 2022. Aayog member Ramesh Chand, who is an expert in Agriculture, said that such methods could be scaled up nationally only after...
More »Hike in MSP is political, say farmers -Sreenivasa Rao Dasari
-Deccan Chronicle Seek a state-level intervention corporation. Hyderabad: The latest decision of the Centre to enhance minimum support price (MSP) for 14 crops has triggered a fresh debate on the cost of production and the procurement mechanism. Farmers say that the increase in MSP was a mere political decision and nothing has happened in reality, while Agriculture experts agree that lack of consensus and clarity on support price is further adding to...
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