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Why higher govt spending is crucial to contain rural distress

-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...

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Well-stocked granaries may help hold rice price line, says trade body -Vikas Vasudeva

-The Hindu But an Assocham study has warned of an increase in prices Amid concern that the price of rice may be next to shoot up after those of pulses and onion, trade bodies put forth divergent views. V.S. Sethia, former president and currently a governing council member of the All-India Rice Export Association, told The Hindu that apprehensions of a sharp rise in rice price were baseless as ample stock of regular...

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Nutritional benefits, awareness efforts may spur millets demand -B Krishna Mohan

-Financial Chronicle Return for farmers could grow as overall output of cereal crops has remained stable With growing health awareness and relatively lower costs, millets are making a strong comeback after experiencing negative growth for several years. Millets, which are coarse cereals, need less water and are hence preferred by farmers in areas where there is a shortage of water. The crop is also favoured because of its productivity and short growing...

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India shining, Bharat whining -Ashok Gulati and Prerna Terway

-Financial Express The country must double its support to farmers, from the current levels of about 6-8% of the value of agri-output It was in the mid-1980s that the ‘India-Bharat’ phraseology was fist pushed into political jargon, by farmers’ leader Sharad Joshi, with ‘India’ representing the urban elite of the country and ‘Bharat’ synonymous with its neglected rural folk. Joshi, at the time, was leading lakhs of farmers protesting against anti-farmer policies,...

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They don’t go to the field -Harish Damodaran

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

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