-Hindustan Times The Narendra Modi government’s new agenda for the crisis-ridden farm sector is being geared towards achieving the single goal of doubling agricultural incomes — a legacy of its first term in office. Prime Minister Modi had ambitiously promised a 100% jump in farmers’ incomes between 2017 and 2022, but farmers have been hobbled by unprofitable sales and even negative returns on some crops, as farm produce continue to sell below...
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Supply squeeze, monsoon fears lift tur prices -Vishwanath Kulkarni
-The Hindu Business Line Prices of pulses — mainly Tur and Tur dal — are on the rise due to factors such as a supply squeeze, monsoon concerns and increase in consumption. Bengaluru: Tur prices in the major markets of Maharashtra and Karnataka have moved up by about ?1,000 a quintal over the past month to exceed the minimum support price (MSP) level of Rs.5,675. They are currently ruling at Rs.5,700-5,900 a...
More »Perils of over-promising -Ashok Gulati
-The Indian Express For all their talk on farm distress, on agriculture, BJP, Congress show they have not learnt from past failures. We often feel proud of our democratic system. But it also has a shortcoming, which has been magnified in the current election season. The conversation today is not about what the BJP/NDA promised in its manifesto of 2014, and how far they have been able to deliver on their...
More »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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