A recent one-liner about the achievement of the present Central government goes like this: bovine has become ‘divine’ during the NDA’s rule. But why do such jokes originate? Media reports suggest that unprecedented aggression has taken place during the recent months in the name of the peaceful looking animal – cow. Mob lynching and killings by fringe groups have been reported from various parts of the country, especially targeting Muslims and...
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GST is no game changer for farmers, yet- Sathya Raghu & V Mokkapati
-The Hindu Business Line Agri-tech firms or farmer producer companies enjoy no benefits under GST. This will hit entrepreneurial spirit in the sector In 1991, India saw an LPG blast — liberalisation, privatisation and globalisation that changed the face of the country permanently. After 25 years from 1991, a fortnight ago, we experienced another revolutionary reform — GST with the promise of “One country-One tax”. Like any other person, I started reading...
More »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...
More »How farmers in 3 Marathwada villages created an oasis in the suicide-prone region
-IANS Dubbed the Kadwanchi model, the watershed project has given farmers year-round access to water. Jalna: When massive crop failure and farmers’ suicide afflicted the Marathwada region in Maharashtra during the 2012-16 drought, farmers in three villages of Jalna district were not much concerned about the lack of rainfall. A watershed project had obviated their need to look at the heavens every season. Enough water was available in the 1,888 hectares area comprising...
More »Why are Madhya Pradesh farmers protesting despite record growth? -Dipti Jain
-Livemint.com The earnings of an average farm household in Madhya Pradesh remains among the lowest India, although farmers have gained from rapid agricultural growth Mumbai: Protests by farmers across India amid bumper harvests have surprised many. The biggest source of surprise has been one of the hotspots of the protests, Madhya Pradesh (MP), a state that has posted record agricultural growth over the past several years. A Mint analysis shows that although farmers...
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