-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
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Rural workers face wage delay -Basant Kumar Mohanty
-The Telegraph MGNREGA funds run thin, government sits on demand Millions of rural job scheme workers may have their wages delayed in the new year with the programme coffers depleting and the finance ministry sitting on the demand for additional funds. According to data on the scheme website, the funds available as of December 30, 2019, were Rs 2,766 crore, which social activists working on the scheme’s implementation said would be exhausted in...
More »PM Kisan: Tenant farmers, tillers left high and dry -Siraj Hussain
-The Hindu Business Line The PM-Kisan as a tool to prop up sagging Rural Demand, recording of tenancy to help the real cultivators and streamlining of agricultural subsidies could be three important themes for Indian agriculture in 2020. With the defeat in the Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh in December 2018, the Government realised that to win rural votes in the General Elections in May 2019, it needed to...
More »CII suggestion to Revenue Secy: Focus on consumption, investment
-The Indian Express CII recommended adoption of an expansionary fiscal policy to allow fiscal deficit to increase by around 0.5 per cent to 0.75 per cent of GDP, which will give government additional fiscal space of Rs 1.1 lakh crore to Rs 1.6 lakh crore. In a pre-Budget consultation meeting with Revenue Secretary Ajay Bhushan Pandey, the Confederation of Indian Industry (CII) shared its pre-Budget Memorandum recommendations, focusing on providing impetus...
More »Key sales numbers show Rural Demand may dip further -P Vaidyanathan Iyer
-The Indian Express Warning signs across FMCG, tractors & 2-wheelers, gold, real rural wages THE GOVERNMENT Friday claimed that a significant divergence in levels of consumption and direction of change prompted it to withhold the findings of the survey on household consumption expenditure for July 2017-June 2018. But all major indicators of Rural Demand suggest the situation has only worsened since the beginning of financial year 2019-20, and the economy is...
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