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How Telangana supports farmers with Rs 4,000 for every acre they own -Sreenivas Janyala

-The Indian Express A look at the scheme Rythu Bandhu, seen by Arvind Subramanian as a template for agriculture policy. Hyderabad: A support scheme for farmers in Telangana has earned the appreciation of outgoing Chief Economic Advisor Arvind Subramanian, who spoke about it during an Idea Exchange interaction with The Indian Express journalists and then wrote in The Financial Express that it can be the template for social and agricultural policy. Called...

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India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi

-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...

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Through A Wider Lens -Rajni Bakshi

-The Indian Express AIIB meeting presents an opportunity to redefine the parameters of development. Budha Ismail Jam, a fisherman from Kutch, will be unknown to most delegates at the Asian Infrastructure Investment Bank’s (AIIB) annual meeting being held in Mumbai on June 25-26. Yet, Jam’s story has far-reaching implications if infrastructure projects are to be more focused on the well-being of people rather than the profit margins of investors. The third annual meeting...

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The Age of Surplus -Harish Damodaran

-The Indian Express We have, indeed, entered a regime of “permanent surpluses” in most crops — a reality our policymakers are unable to grasp, stuck as they are in the era of the Essential Commodities Act. If there is one thing that has changed in Indian agriculture in recent times, it is supply response — the ability of farmers to increase production when prices go up. Traditionally, the supply curve in most...

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Economy in a shambles: PC

-The Telegraph New Delhi: The Congress on Monday asserted that boastful claims and sermons on the economy after the completion of four years of the Narendra Modi government were of little value as the lives of ordinary people had worsened because of reckless decisions and administrative incompetence at a time when the global economy was looking up. Former finance minister P. Chidambaram said at a news conference: "The RBI's Consumer Confidence Survey...

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