-TheWire.in Researchers have found that small and marginal farmers and Dalit landless labourers are worst affected by the region's agrarian distress. Sangrur/Patiala (Punjab): In the villages of Punjab, strike a conversation on farming expenses with anyone, and they will say, “Karja tan hai hi (Of course, we have taken loans).” It’s these loans – from both institutional and non-institutional sources – that largely help the Rural Economy run in the state. But...
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The awkward myth of a revival in the country’s Rural Economy -Himanshu
-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...
More »Farmers’ concern: Will lose land to corporates because of the new laws -Sukrita Baruah , Raakhi Jagga , Amil Bhatnagar and Harish Damodaran
-The Indian Express With farmers rejecting the government’s offer and deciding to continue their protest against the farm laws, The Sunday Express meets some of the farmers camping at Delhi’s borders, and visits their families and farms back home, to find a shared concern — a sense of despair over falling crop prices. Kurukshetra, Ludhiana, Moga, New Delhi, Patiala: Many countries experiencing rapid growth and rising prosperity, which may even be over...
More »Neither govt nor protesting farmers recognise challenge of depleting natural resources and climate crisis -Richa Kumar, Nikhit Kumar Agrawal, PS Vijayshankar and AR Vasavi
-The Indian Express If we truly want to ensure the livelihoods of our farmers and provide safe, healthy, nutritious food for our consumers, it is imperative to make policies that go beyond the productivity trope and populist posturing. Proponents of the three new farm laws have claimed that they will engender competition in agricultural markets and will give farmers a choice to sell wherever they like. The opponents of these laws, including...
More »RBI upgrades GDP forecast, expects economy to shrink 7.5% this fiscal
-Livemint.com The economy is recuperating faster than anticipated, the RBI chief said The Reserve Bank expects GDP to contract 7.5% this fiscal, said central bank chief Shaktikanta Das while announcing monetary policy committee decision to keep interest rate unchanged. This is an upgrade from the central bank's earlier forecast of 9.5% contraction in its October review. The economy is recuperating faster than anticipated, the RBI chief said, adding that the recovery in...
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