-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...
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Modi Government's Skewed Farm Sector Priorities Continue to Cause Farmer Distress -Ashwini Kulkarni
-TheWire.in While most farmers and farm land are from rainfed areas, the government focuses only on irrigated areas. How long will this unfair treatment continue? After an intense period of farmers’ agitation, the Maharashtra government has announced a loan waiver. Madhya Pradesh continues to simmer. Tamil Nadu farmers have expressed their distress in no uncertain terms. The loan waiver will probably make the farmers feel relieved for now, but the pivotal question...
More »Getting back on the growth track -C Rangarajan
-The Hindu A big push on private investment is needed. But social harmony is also a prerequisite for faster growth The National Income numbers for 2016-17 have been released. What do they convey? What do they hold for the immediate future? Briefly, this is the picture. Recent revisions in the Index of Industrial Production and Wholesale Price Index do not alter the annual growth rates for the recent years. The differences are in...
More »MS Swaminathan, father of Green Revolution, interviewed by Prabodh Krishna (BusinessWorld)
-BusinessWorld.in The recent past saw upsurge of farmers in Maharashtra and Tamil Nadu over demands of implementing Swaminathan Commission's recommendation and the protests are fast spreading their arms in other states as well Keeping in mind that more than half of the Indian population depends on agriculture but the share of agriculture in GDP is nowhere near expectation, in 2002 the then National Democratic Alliance Government led by Atal Bihari Vajpayee called...
More »It's DeMo effect, says Singh
-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in growth to demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing demonetisation as "organised loot and legalised plunder" and warning that growth would be severely affected. "India's GDP numbers...
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