-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...

-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...

-Hindustan Times In all the heat being generated by the government’s amendments to the land acquisition law, the tribals are being left out in the cold. In his Mann Ki Baat broadcast Prime Minister Narendra Modi addressed himself to “My dear farmer brothers and sisters”. He did not include the tribals. Perhaps farmers are in the spotlight because the tragedy of farmers’ suicides gives the opposition an emotive issue to raise in...

-The Hindu Business Line Don’t let Modi’s gloss undermine the efforts and achievements of the UPA government, says the former Prime Minister This is the text of a speech delivered at the Congress chief ministers’ conclave in New Delhi on June 9 There is somewhat of a euphoria that our GDP growth since 2014-15 has started accelerating once again. But doubts have been expressed both within and outside government about the validity of...

-The Indian Express It can be strengthened —by the collection of taxes at the local level, for instance. Democratic decentralisation, conceived two decades ago, seems to be a lost cause at first sight. Beyond lip service by politicians, neither panchayats nor municipalities have captured the public imagination as viable, responsive, accountable institutions of government. Just after the Karnataka panchayat elections, which ended on June 2, the continued disempowerment of local governments is...