-The Hindu Business Line Strengthening of global demand will support domestic economy: RBI Kolkata: The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions are expected to quicken the pace of overall economic activity during the year. Global growth is gaining traction in 2017-18, with the recovery driven primarily by a cyclical upturn in investment, manufacturing and trade,...
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Are farmer movements in India changing course? -Sayantan Bera
-Livemint.com Unlike the dhoti-clad, topi-wearing quintessential ‘kisan’, the new Indian farmer is vocal and tech-savvy New Delhi: In the winter of 1988 when the feisty farmer leader from Uttar Pradesh, Mahendra Singh Tikait, laid siege to Delhi with thousands of cultivators and their cattle literally creating a mess of the boat club lawns, agriculture’s share in India’s gross domestic product (GDP) was about 30%. About three decades later, the farm sector’s share in...
More »The draft laws for organic foods, if cleared, will adversely affect small farmers -Chandra Bhushan
-Hindustan Times The Food Safety and Standards Authority of India’s new certification regulation is going to hinder the growth of the sector. Instead of targeting small farmers, why not make laws that require mandatory labelling of foods grown with pesticides, chemicals or GMO etc? The Food Safety and Standards Authority of India (FSSAI) recently announced the Draft Food and Standards (Organic Food) Regulations, 2017, aimed at curbing sale of fake organic...
More »Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari
-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...
More »How much will a cow cess of Re.1 on petrol generate? -Ragini Bhuyan and Tadit Kundu
-Livemint.com A cow cess of even Re.1 per litre of petrol will be enough to generate funds that will exceed the entire annual budgets of several Union ministries About two weeks ago, Subramanian Swamy, a Rajya Sabha member from the Bharatiya Janata Party (BJP) called for a cow cess of Re1 on petrol to fund gaushalas or cow shelters across the country. Swamy made the comment towards the end of his speech...
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