-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
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Beyond Drought: Tamil Nadu's Chain of Misfortunes -Seetha Gopalakrishnan
-TheWire.in Tamil Nadu continues to witness cycles of flood and drought annually. Mismanagement of traditional water management systems is one of the main reasons. Tamil Nadu: That Tamil Nadu qualifies to be dubbed as a land of climate paradoxes is beyond debate. The massive flood of 2015 was quickly followed by a punishing drought in 2016. Though the state benefited marginally from the southwest monsoon, as is usually the case, the biggest...
More »Welcome push to rural India's aspirations -Harsh Kumar Bhanwala
-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...
More »Will Budget help double farmers' income? -Vidya Venkat
-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a Crop Insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
More »How the Krishi Kalyan Cess funded flagship schemes for farmers -Sayantan Bera
-Livemint.com Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17 New Delhi: Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17, budget documents presented in the parliament on Wednesday showed. The central government is spending money from this corpus...
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