-The Times of India NEW DELHI/ ONGOLE: Two senior Union ministers on Thursday sought to allay apprehensions over the new government order on cattle trade, emphasising that the Centre will not interfere with the food habits of people in the different regions of the country. While finance minister Arun Jaitley emphasised in Delhi that the Centre's order will not impact state laws on slaughter, information and broadcasting minister Venkaiah Naidu said in...
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Farm provides growth impetus
-The Telegraph New Delhi: A robust farm growth of 5.2 per cent in the March quarter pushed GDP growth up to 7.1 per cent. However, growth in the sector was lower than the previous quarter's expansion of 6.9 per cent. Farm growth for the full fiscal zoomed to 4.9 per cent because of good rainfall and record food-grain production compared with a near flat 0.7 per cent expansion in 2015-16. "The third...
More »Farm policy: Dis-ease of doing the business of agriculture -Pravesh Sharma
-The Indian Express As the Modi government completes three years, here are three potentially game-changing steps it could now take to harness the sector’s unrealised potential Amidst the predictable tidal wave of opinion pieces to mark the Narendra Modi government’s third anniversary, one little event last week squeezed its way into the inside pages of a few newspapers. This was a call for a “farm strike” in Maharashtra from June 1,...
More »The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta
-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...
More »Between 2013-14 & 2016-17, rabi foodgrain output likely to drop by 1 million tonne
Much to our surprise, a careful relook at the newly released estimates on farm production from the Ministry of Agriculture and Farmers Welfare would reveal that the foodgrain production during the rabi season is likely to fall by almost 1 million tonne between 2013-14 and 2016-17. Please see chart-1. Amidst the celebration of a bumper harvest in the ongoing crop year, it needs to be explained why the rabi foodgrain output...
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