The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
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The wait for deep agricultural reforms -Siraj Hussain
-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...
More »Pieces of a market -Ashok Gulati & Shweta Saini
-The Indian Express A single national agriculture market, promised by the BJP in its 2014 manifesto, remains a pipe dream. Can the government reform the broken APMC structure in the last year of its term? In its 2014 Lok Sabha election manifesto, the BJP promised to evolve a single national agriculture market (NAM) in the country with a view to enable farmers to get a better price and consumers to pay a...
More »Contract farming Act an inadequate model -Sukhpal Singh
-The Tribune Contract farming is a much-needed vehicle to bring new crops, technologies, and markets to farmers. However, the new model Act 2018 opens up agricultural markets to contracting agencies without adequate safeguards for farmers. The first attempt at reforms in agricultural markets was made by the union government with the design of a model Agricultural Produce Market Committee (APMC) Act in 2003 which provided for new market channels for farmers and...
More »Maharashtra: MahaFPC to venture into input trade of fertilisers -Parthasarathi Biswas
-The Indian Express To rope in 50 FPCs for business from this kharif season Pune: MahaFPC, the apex body of farmer producer companies (FPCs) in the state, has decided to try its hands at the business of input management, mainly fertilisers, this year. Yogesh Thorat, managing director of MahaFPC said they will be targeting around 50 FPCs to get into the business, starting the kharif season. Since the start of the FPC movement,...
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