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How Do We Combat Droughts?

-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...

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They don’t go to the field -Harish Damodaran

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

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Incentivize pulses production to check spiralling prices

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

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Swaminathan MSP: Solution to Agrarian Crisis and Farmers’ Distress? -Ranjit Singh Ghuman

-Economic and Political Weekly Farmers' unions and political parties have been demanding the implementation of the Swaminathan minimum support price (cost plus 50%) to address agrarian crisis and farmers' distress. But they have not raised demands for the implementation of the recommendations of the National Commission on Farmers, which have the potential to provide lasting solutions. Ranjit Singh Ghuman (ghumanrs@yahoo.co.uk) is a Nehru SAIL Chair Professor, Centre for Research in Rural and...

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A policy failure in pulses -Ashutosh Kumar Tripathi

-The Financial Express The criteria for fixing MSP of pulses should be sensitive to prevailing market prices The agricultural price policy, which aimed at providing a remunerative and stable price environment to farmers through MSPs and obligatory procurement by government agencies, has helped India overcome massive food shortages to emerge as a net exporter of food. Though the Terms of Reference (ToR) of the Agricultural Prices Commission requires that policy-induced incentive should...

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