-Financial Express Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the Global Market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of the US narrative on cotton could sway WTO members, particularly the cotton-producing African countries. So, what is the fracas on India’s cotton subsidies all about? Shorn of legalese, the US has...
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Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability -S Mahendra Dev (IGIDR)
-Indira Gandhi Institute of Development Research, Mumbai, December 2018 (WP-2018-026) There are three goals of agricultural development in India. These are: (a) achieving high growth by raising productivity; (b) inclusiveness by focusing on lagging regions, small farmers and women; and (c) sustainability of agriculture. In this paper, we will address two questions: (a) How far India progressed in the three goals of agriculture in recent decades? (b) What are the policies...
More »Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK
-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the Global Market. It...
More »Neither freebies nor loan waivers will reduce farmer suicides -Neeraj Kaushal
-The Economic Times Minutes after taking oath on Monday as the new Madhya Pradesh chief minister, Kamal Nath sanctioned the waiver of farm loans in the state, as promised in the Congress election manifesto. Ostensibly, this is to relieve economic distress for farmers. But Nath himself was on record last week saying, “[Farmer distress] is why there are so many suicides.” Thus, the lightning waiver. Before anything else, let’s get the facts...
More »A self-goal for India -Santosh Mehrotra
-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...
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