-Livemint.com Agriculturists’s woes are not just forms of a crisis, but also indicate the deceleration of the agrarian economy Unseasonal rain, falling commodity prices, increasing input costs, decreasing size of land holdings, and now the political move to “acquire” all land into the globalizing market. The agony-list that agriculturists can make of their current situation can be even longer for all these are not just forms of a crisis, but also indicate...
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Excessive MSP bad for agri: Govt -Sanjeeb Mukherjee
-Business Standard Says Parlt panel suggestion of MSP at 50% more than cost will distort market; also declines suggestions for region-wise floor prices The government believes fixing a Minimum Support Price (MSP) for agricultural commodities which is 50 per cent more than the cost of production could distort the market and encourage inefficient production. It would also go against the principle of comparative advantage in producing specific crops. In its Action Taken Report on...
More »The livelihood question -Himanshu
-Livemint.com The challenge of employment may be the next big crisis that the government may have to face Two of the burning issues currently dominating the public discourse are the amendments to the land acquisition bill proposed by the National Democratic Alliance and the ongoing crisis in agriculture. At the centre of all this is the Indian farmer, who, on the one hand, is struggling to save his land from draconian amendments to...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »Untie the farmer -Ashutosh Varshney
-The Indian Express The debate on the land acquisition bill and the tragic suicide of a farmer in Delhi compel us to reflect on a theme of enduring significance: the role of agriculture and farmers in development. What has the historical experience all over the world been? How is India’s agrarian narrative different — or identical? What can India learn from international experience? Many years ago, I wrote a book, Democracy, Development...
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