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Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...

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Will Goods and Services Tax help in the doubling of farm income? -P Ravichandran

-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s economy towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...

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Amarjeet Sinha, Rural development secretary, interviewed by Sayantan Bera and Elizabeth Roche (Livemint.com)

-Livemint.com Rural development secretary Amarjeet Sinha on how MGNREGS has evolved since 2006 to result in income, acreage, water tables, productivity and fodder availability Agrarian distress and rural distress are terms used interchangeably, but the rural economy today is very different from what it was many years ago, given the diversification of rural incomes and hence incorrect to think one means the other, says Amarjeet Sinha, secretary, ministry of rural development. In...

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Politics of diet -Divya Trivedi

-Frontline.in Data from various surveys prove that India is anything but a vegetarian nation, but ever since the BJP came to power at the Centre there have been attempts to demonise meat-eating and to impose the vegetarian food habits of certain sections of Hindus on the rest of India. In parts of Gujarat, eggs are not sold openly. They are placed inside black bags, just like sanitary napkins sold in chemist’s shops....

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India bearing the cost of ignoring rural distress -Himanshu

-Livemint.com In the last three years, wages of agricultural labourers have increased only by 0.5% per year while those of non-agricultural workers have declined by 0.25% per year, the worst so far in 30 years The agrarian economy continues to be plagued by falling output prices, declining incomes and increased variation in agricultural production pointing to a situation of uncertainty and vulnerability among most rural residents. This has created an unprecedented demand...

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