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Not possible to practice traditional farming in India anymore; here is why -Vivian Fernandes

-The Financial Express For most consumers, ‘organic’ is probably a code for ‘safe’ or ‘residue-free’, not necessarily produce grown without chemical fertilisers and pesticides. But marketers use the tag to tap into a seam of fear in some urban parents who are so anxious about health that they are willing to pay for advertising that spells ‘well-being’. A brand of ‘organic’ jaggery, for example, on the shelves of Reliance Fresh stores...

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Farmer producer firms in Maharashtra, Punjab and Haryana considering agriculture trading -Nanda Kasabe

-The Financial Express Pune: Farmer producer companies in Maharashtra, Punjab and Haryana are considering the possibility of commencing trading in grapes, potato seeds and basmati rice soon. A 30-member team from farmer producer companies (FPCs) associated with the northern operations of the Vegetable Growers Association of India (VGAI) and the Haryana horticulture department was in Maharashtra to study the infrastructure of FPCs in the state and the establishment of logistics for...

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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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Battle over cattle -Himanshu Upadhyaya

-GovernanceNow.com Banning cattle slaughter, like demonetisation, may deliver political gains but will hit the rural economy hard More than a century ago, a team of officials from Brazil toured some villages of Kheda district, in central Gujarat. They had come to procure breeding bulls of the famous Kankreji breed, notes Bhailal Patel, a charismatic institution-builder who was also the first leader of opposition in Gujarat assembly, in his memoirs. It was of...

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Why shouldn't rich farmers pay? -Mukesh Butani

-The Economic Times blog Finance minister Arun Jaitley was correct when he stated in April that constitutional constraints do not empower his government to tax agricultural income, implying that he is not constrained from amending the Income-Tax Act. B R Ambedkar, in framing the Constitution, was vehemently critical of British land revenue system, the foundation for which was laid during the Mughal period, and strengthened by the East India Company, which...

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