-TheCitizen.in NEW DELHI: Volume II of the Economic Survey which was brought out by the Ministry of Finance a few days ago paints an extremely grim picture of the Indian economy. The growth rate of real Gross Value Added (GVA which is the appropriate thing to look at, since the GDP measure includes net indirect taxes and hence does not truly reflect output trends), was 6.6 percent for 2016-17 as a whole,...
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MS Swaminathan, father of India's Green Revolution, interviewed by Vidya Venkat (The Hindu)
-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian Agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of Agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...
More »A fresh perspective on farm suicides -A Srinivas
-The Hindu Business Line A recent book shows how a cocktail of indebtedness, masculinity and consumerism acts as a trigger. For those who have wondered whether indebtedness can be the sole factor driving farmers to take their lives, here is a book that introduces much needed nuance and complexity to the debate. Nilotpal Kumar’s book, based on a study of 22 suicide cases in Ananthapur district (accompanied by a fascinating ethnographic study...
More »Heckled By Jharkhand Minister, Activist Jean Dreze Cuts Short Speech -Aloke Tikku
-NDTV Jean Dreze didn't get to continue his speech anyway and walked back to his seat as Union Agriculture Minister Radha Mohan Singh took charge. Jharkhand: Development economist Jean Dreze was forced to cut short his speech at a programme in Jharkhand after the state's Agriculture minister Randhir Kumar Singh heckled him, reportedly because he was offended at his references to the Rashtriya Swayamsewak Sangh, the BJP's ideological mentor. A day later, several...
More »Economy will decelerate if States resort to farm loan waivers
-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...
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