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Growing tomatoes: A gamble on the market -Harish Damodaran

-The Indian Express Tomatoes from Kolar are even exported to countries like Dubai and Bangladesh. Kolar (Karnataka): He has grown tomatoes on just 10 gunthas or 0.25 acres, but hopes to net at least Rs 1.5 lakh from selling the fruits during the coming summer months. “I am confident about my yields, which should be roughly 12 tonnes. My production cost would work to Rs 75,000. If I get Rs 19-20/kg, my profit...

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Doubling farmers' income discussed in a closed door meeting -Jitendra

-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ income, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ income, the government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ income by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ Income, which ends today, hosts sessions...

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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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There's No Reason to Be Confused on How to Calculate the Right MSP -R Ramakumar

-TheWire.in The Swaminathan Commission was clear in its recommendations, and the rationale offered by the NITI Aayog to rule out the use of comprehensive cost is dubious at best. Finance minister Arun Jaitley had announced in Budget 2018-19 that his “government has decided to keep MSP [minimum support price] for the all unannounced crops of kharif at least at one and half times of their production cost”. This announcement set off a flurry...

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Union Budget 2018-19: An exercise in jugglery of numbers, say civil society groups

-Press Release by National Alliance of People's Movements (NAPM) New Delhi: Calling this year’s union budget ‘just an exercise in manipulation of numbers,’ veteran activist Medha Patkar asked, “When the major decisions like the demonetisation and GST are taken between two budgets then what’s the relevance of the Budget?,” at a panel discussion on the analysis of this year’s union budget with a special focus on Handloom, Fisheries, Dalits, Adivasis, Forest,...

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