-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...
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Weather advisories drive farmers’ income up to 50% -Richard Mahapatra
-Down to Earth Every rupee spent on weather forecasting fetches 50-fold economic gains to below poverty line farming families A survey by the National Council of Applied Economic Research (NCAER) has shown that timely delivery of weather advisories to farmers had a significant impact on their income. The survey was done to gauge the economic impact of India’s investments on the National Monsoon Mission (NMM) and High Performance Computing Facilities (HPC). It...
More »Guidelines for promoting FPOs a bureaucratic maze -T Nanda Kumar
-Financial Express The current guidelines may not inspire confidence among farmers on entering into collective enterprises. Prime minister Narendra Modi, in his address commemorating 75 years of the UN’s FAO, reiterated India’s commitment to enhance its farmers’ income. He also reiterated the resolve to create 10,000 additional Farmer Producer Organisations (FPOs), one of the main pillars in the proposed transformation of the agri-economy. Will his futuristic vision result in creation of successful...
More »Behind arhtiyas joining farmers’ stir: Fear of losing hundreds of crores in annual income -Anju Agnihotri Chaba
-The Indian Express There are around 28,000 active arhtiyas in Punjab out of which 50 per cent are the ‘Baniya Arhtiyas’ (traditional arhtiyas), while the other 50 per cent are ‘Zamindar Jatt Arhtiyas’ (mostly farmers’ themselves). Jalandhar: With passing of the Farmers’ Produce, Trade, and Commerce (Promotion and Facilitation) Act, the arhtiyas (commission agents) of Punjab are set to lose around Rs 1700 to Rs 1800 crore annually in ‘commission’. While the...
More »When makka sells cheaper than bhusa: Bihar’s maize growers suffer lockdown blues -Harish Damodaran
-The Indian Express Bihar produces a quarter of India's corn, but few politicians are talking about a crop that generates over Rs 7,500 crore annual income for its farmers. Begusarai, Khagaria: “Makka hai das rupiah aur bhusa chaudah (maize is selling for Rs 10 and wheat straw for Rs 14)”. This statement by Chandrasekhar Kumar, a 15-bigha (13 acres) farmer from Sapaha village in Gogri block of Khagaria district, sums up the...
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