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Dip in tractor sales indicate further deepening of rural distress

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

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What happened to poverty during the first term of Modi? -Himanshu

-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...

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MSP should be triple the cost of production of major crops: Chandigarh High Court -Sofi Ahsan

-The Indian Express The court also recommended that MSP be granted legal status by bringing in suitable legislation. Chandigarh: The Punjab and Haryana High Court Monday said the minimum support price (MSP) in the agriculture sector should be three times the cost of production of major crops to save farmers from distress. The court also recommended to the Union government and the Punjab government that MSP should be provided legal status,...

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Migrants aren't streaming into cities, and what this means for urban India -Gregory Randolph and Sahil Gandhi

-Hindustan Times If Indian cities have become successful in turning away migrants, we should see that as the first sign of their demise, not their dynamism. “Stop migration into cities.” These were the words of finance minister Nirmala Sitharaman during last week’s budget speech, even as she — confusingly — called urbanization an “opportunity rather than a challenge.” A call to stop rural-urban migration should alarm, but not surprise us. The FM’s statement...

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Civil society activists condemn the statement by Rural Development Minister in Parliament on discontinuation of MGNREGA scheme

-Press statement by NREGA Sangharsh Morcha dated 19 July, 2019 While it is heartening that a discussion on rural development lasted for nine hours in Parliament with important issues on MGNREGA being raised, we are deeply disappointed at the statement of the Rural Development Minister that not only displays a lack of understanding of the program but also betrays the clear anti-poor sentiment of this government. On the central issue of inadequate...

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