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Political economy structures perpetuate myopic understanding of agriculture sector -Nirvikar Singh

-The Financial Express A half-dozen years ago, I participated in a conference on water resource challenges in India. I remember Upmanu Lall, professor at Columbia University, graphically and bluntly making the point that Punjab’s water table was not far from collapse. This has been known for years, and there have been feeble efforts to deal with the problem, but they have been far short of what is needed. My own understanding...

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Instead of farm loan waivers, invest more in agricultural infrastructure -Himanshu

-Livemint.com Not only better integration of farmers with markets, but also large investments in agriculture are the need of the hour The deaths of five farmers in Madhya Pradesh’s Mandsaur district has brought the crisis in agriculture centre stage. While the latest incident may have got media coverage, the fact is that the crisis has been in the making for some time. It intensified in the last one year but signs of...

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Cabinet clears 5% interest subvention for crop loans

-The Hindu Scheme will continue for one year, be overseen by NABARD Amid growing protests over farm sector distress, the Cabinet has approved the extension of the interest subvention scheme for farmers to 2017-18. Short-term crop loans up to Rs. 3 lakh will receive a subvention of 5%, effectively reducing the rate for farmers to 4%. The government has earmarked a sum of Rs. 20,339 crore for this. The interest subvention scheme will...

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Is Cattle Slaughter Ban Smart Economics? Chief Economic Advisor Arvind Subramanian Speaks Up -Aloke Tikku

-NDTV Chief Economic Adviser Arvind Subramanian says farmers would not only lose the income from livestock as meat but also have to incur additional costs to maintain unproductive cattle. Already, he adds, there was research to suggest that returns to livestock farming are in any case "very low or even negative". NEW DELHI:  Arvind Subramanian, the government's Chief Economic Adviser, has broken his silence on the issue of cattle slaughter. And...

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Anguish over state of nation -Anita Joshua

-The Telegraph New Delhi: A group of retired bureaucrats have written an open letter ruing the "rising authoritarianism and majoritarianism" that is choking dissent, and urging public authorities to take "corrective action" to "reclaim and defend the spirit of the Constitution". "Argumentation and discussion about different perspectives - the lifeblood not only of institutions of learning but of democracy itself -are being throttled," the letter says. "Disagreement and dissent are considered seditious...

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