-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...
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green revolution needs a reset -Shanthu Shantharam
-Livemint.com India’s agricultural growth rate has hovered around 2-3% annually, when in fact it should be at least 5% India’s agriculture became moribund decades ago, and shows no sign of uplift for the long haul. Indeed, the rain gods have played havoc with Indian farmers. But not just the gods, Indian states have done precious little to tackle the problem head-on. The government’s solution is to give financial sops to farmers...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »Farmer suicides: A brazen shame to Government -Nimai Charan Swain
-The Pioneer Bhubaneswar: The increasing instances of farmers’ suicides due mainly to failure of crops and burden of loans incurred from different sources have brought traumatic shocks and a shattering blow to the farming community in Odisha and brazen shame to the present dispensation at the helm. It appears that the State administration is never worried and concerned about the agonies and tragedies of the poor cultivators. As reported, an astounding number...
More »A Green New Deal -Marc Saxer
-The Indian Express Over-dependence on fossil fuels will hurt sustainable development in India For decades, mature economies have seen their jobs being off-shored to newly industrialising countries. To stop the bleeding, they are working hard to unleash the digital and renewable energy revolutions. The aggressive push to regain competitiveness by digital automation has been widely noted. What is less understood is the logic behind the energy transformation. In manufacturing economies, the cost...
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