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Union Budget 2018: A Step Forward -Ajay Vir Jakhar

-The Indian Express Únion Budget 2018: Budget addresses the crises in agriculture. The devil is in the allocations All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all counts will she be happy. The allocations in the budget cover every sector, with umpteen implications, and no person’s expectations can be fulfilled on all counts. While every...

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Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal

-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...

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From Plate to Plough: How to help the farmer -Ashok Gulati & Siraj Hussain

-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...

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Facing the slowdown -Kaushik Basu

-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...

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Landless cultivators to be farmers too! Change of definition to extend assorted benefits to 14 cr currently excluded -Prabhudatta Mishra

-The Financial Express Over 14 crore households who cultivate on land owned by others under a formal lease agreement or even under a temporary arrangement overseen by the gram panchayats or other official functionaries may soon start getting assorted sops doled out to “farmers” by the government just as their land-owing counterparts do. According to official sources, the definition of farmer will be changed via a gazzette notification to include cultivators...

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