The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
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Getting realistic about farm incomes -Ashok Gulati & Shweta Saini
-The Indian Express Unless government takes bold decisions on agri-markets, reducing production costs and increasing demand, its goal to double farmers’ incomes by 2022 will remain a pipe-dream. Prime Minister Narendra Modi is one of the best orators in Indian politics today. He is not only coherent and inspiring but connects with his audience well. He is ambitious and committed to fast-track the economy. He sets high targets and drives government machinery...
More »Dues to sugarcane farmers soar to Rs.14,000 crore -Sayantan Bera
-Livemint.com Payment to cane growers is considered ‘due’ when it is delayed by more than 14 days after supplying raw cane to a mill New Delhi: Following higher sugar production and plummeting wholesale prices, dues to sugarcane farmers from mills are piling up, shows latest numbers. According to the Indian Sugar Mills Association (ISMA), till January end, sugar mills across various states owed farmers Rs13,932 crore. Payment to cane growers is considered ‘due’...
More »Stemming the tide of agrarian distress -Seema Bathla & Ravi Kiran
-The Hindu Rather than just increased budgetary outlays, farmers need plans that will rescue them from crop failure Similar to the last two Budgets, this year’s pro-agriculture intentions are palpable through increased outlays to the agricultural sector and initiation of various programmes. They seem impressive, but closer scrutiny shows that the measures may be of little help to stem the tide of agrarian distress. There are some real challenges confronting three...
More »Why has coal mining been opened up?
-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...
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