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What the farmer is owed -Ashok Gulati

-The Indian Express Implicitly taxed through restrictive marketing and trade policies, farmers need a stable income policy. The Narendra Modi government is entering its proverbial “last 10 overs”. All the stops are being pulled to win over targeted segments of society that could potentially bring the BJP/NDA back to office. One important segment, perhaps the largest one, is that of farmers. The attempt to woo them by announcing higher minimum support prices...

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Farmers bear the burden of deflation -Harish Damodaran

-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...

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Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan

-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...

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P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)

-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...

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Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)

-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...

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