-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus Labour Given the demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...

-Livemint.com On demonetisation’s impact on the agriculture sector, the Economic Survey said higher winter plantings may not necessarily lead to higher production New Delhi: India’s farm sector is entwined in regulation and is a living legacy of the socialist era, the Economic Survey released on Tuesday said, criticizing curbs on marketing of agriculture produce and imposition of stock limits on traders. “While progress has been made in the last two years, producers (farmers)...

-Business Standard The organisations demanded higher budgetary allocation for irrigation Some farmers’ organisations have demanded the Centre announce an income guarantee law for them to ensure a minimum income when crops fail and also when prices crash due to a bumper harvest. To be called the Remunerative and Universal Price Yield Assurance (RUPYA) Act, the legislation would guarantee a price deficiency payment in the event of a price crash, a market intervention scheme...

-The Hindu Kalyanrao Jalji has cultivated carom seeds in drought-prone Chittapur taluk of Kalaburagi district Karnataka: When disturbing stories of agrarian crisis caused by drought were coming from across the State, Kalyanrao Jalji, a progressive farmer from Gotur village in drought-prone Chittapur taluk in Kalaburagi district, was making handsome profit. Cultivation of carom seeds (ajwain), a spice widely used in Indian kitchens for preparing delicacies as well as in pharmaceutical companies for...

-Hindustan Times Hamirgarh/ Dhanaula/ Chandigarh: Gurpreet Singh and Sandeep Duggal have more than 350 friends on Facebook. At 19, Gurpreet’s profile clearly gravitates to pictures of youth – astride an Enfield motorcycle, one with a friend in the corridors of a college, and the quintessential selfie with sunglasses. Duggal’s is more subdued. In a black-and-white profile photograph, he smiles with arms folded, exuding the confidence of a young man who identifies himself...