-The Indian Express Reform of grain management system could free up resources for infrastructure investment. With GDP growth rate plummeting to 4.5 per cent and with the agriculture GDP (GDPA) growth at 2.1 per cent in the second quarter of this fiscal year, everyone concerned with the economy is anxious. The question being asked is whether the Indian economy can be put back on the 7-8 per cent growth trajectory and can...
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The last herders of Pushkar
-The Hindu Business Line A low turnout at the famous Puskhar fair highlights the declining interest in the once-popular profession of camel herding The Pushkar Fair, held annually in Rajasthan’s Ajmer, is known as one of the world’s largest cattle fairs. It also celebrates the age-old traditions of the pastoralist camel-herding Raika tribe. On November 4-12, more than 1,000 of the community’s camel herders arrived with their livestock at the fair. They...
More »Crop insurance flaws fuel farm distress -Sayantan Bera
-Livemint.com * At a time when rural Incomes are sliding, the only existing safety net for the farmer is failing * High costs of reinsurance due to erratic weather, a spike in claims, political interference in crop loss estimation are reasons that forced some insurers to leave the business NEW DELHI: Santosh Kumar’s first brush with insurance left a bitter aftertaste. A farmer’s son, 26-year-old Kumar from Bihar’s Araria district felt betrayed when...
More »The government must ramp up MGNREGS
-Hindustan Times Expanding the scheme will improve Incomes, boost demand. Along with expanding the scheme, the ministry must also roll out without delay, as promised, a programme for skill building of these workers so they can move up the economic value chain, and also utilise this labour in a proactive manner for water conservation projects, another key programme of the Centre. A report in the Hindustan Times on Monday said that...
More »Consumption in rural India hits a 7-year low -Suneera Tandon
-Livemint.com * Farm distress, stagnant Incomes have eroded demand, shows Nielsen data * Consumption in rural areas grew at 5% in terms of value in the Sep quarter, while in urban India, the growth was 8% Rural household consumption slumped to a seven-year low in the September quarter, in a sign that the prolonged agrarian distress and near-stagnant rural Incomes have eroded demand for consumer goods, market researcher Nielsen said. Consumption of packaged consumer...
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