-The Indian Express An income transfer policy combined with direct cash transfer is the best way to help the farmer Losses in the recent elections to the assemblies of Chhattisgarh, Madhya Pradesh and Rajasthan have given the BJP a jolt. The party had misjudged the gravity of the farm distress problem till then: The Union agriculture minister described farmer agitations as “political drama”. However, the party not only acknowledges the crisis...
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Farm loan waivers can derail India's growth story -Ramesh Chand
-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »Palanpur, a fascinating story of income growth, social change -Niranjan Rajadhyaksha
-Livemint.com This Uttar Pradesh village offers a microcosm of the broader change in Indian villages since independence Palanpur is a relatively unknown small village in Moradabad district of Uttar Pradesh. However, it has a special place in development economics because of a research project that has stretched over seven decades. Economists have conducted seven detailed surveys of Palanpur since the 1950s, a rare longitudinal database that shows how the village has changed...
More »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...
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