-IANS Shimla: Himachal Pradesh, whose economy largely banks on agriculture and horticulture, aims to develop bio villages by promoting organic farming. The state is also eyeing investment in cold chains. An additional 2,000 hectares will be brought under organic farming and there are plans to develop 200 bio-villages in the next fiscal, a government spokesperson told IANS. He said farmers in the bio-villages would use only bio-fertilizers and bio-pesticides and discourage...
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Punjab: High debt level, at Rs 1.25L crore, a major challenge for new government
-The Indian Express One of the key issues that any incoming government in Punjab has to immediately grapple with is high state debt estimated at Rs 1.25 lakh crore in the last year’s budget. A clutch of other key reforms such as improving Land allotment process and streamlining property registration would also need the attention of the new government. Punjab has steadily accumulated the debt over the years, resulting in its...
More »Direct action from the Budget mandates must reflect ground realities -Purvi Mehta
-The Economic Times blog In every Union Budget presentation, agriculture is given a place of prominence. This is not surprising, given that 50% of India’s population is dependent on agriculture. Budget 2017 was no different. Both the Economic Survey and the Budget speech stressed heavily on improving agricultural infrastructure and augmenting farmer incomes. The key drivers expected to set this off are areas such as investment in irrigation infrastructure, development of mandis...
More »Economic Reforms and Agricultural Growth in India -Shantanu De Roy
-Economic and Political Weekly Shantanu De Roy (shantanudr2004@gmail.com) teaches at the Department of Policy Studies, TERI University, New Delhi. It was argued that economic liberalisation would ensure a favourable shift in the terms of trade for agriculture in India, enabling producers to plough back surplus from cultivation to make long-term improvements on Land, and raise agricultural productivity and growth rate. Contrary to expectations, there was no noticeable improvement in the terms of...
More »Bengaluru water crisis: Karnataka faces severe scarcity, 160 of 176 taluks declared drought-hit
-The Financial Express The South Indian state, Karnataka is facing a severe water crisis for the fourth consecutive season as less than 20% water is left in 9 of Karnataka’s 12 dams. The situation is getting worse in the state as we are heading towards the cropping season and even the IT city of Bengaluru may face a drinking water crisis by May. Currently, 160 of 176 taluks in Karnataka have...
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