-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...
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Job creation-A counter-intuitive model-Rajiv Lall
-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...
More »Number of Agricultural Workers increases by 29 Million in A Decade
-Press Information Bureau (Ministry of Agriculture) As per Census conducted by Registrar General of India, the total number of agricultural workers in the country comprising cultivators and agricultural labourers increased from 234.1 million (127.3 million cultivators and 106.8 million agricultural labourers) in 2001 to 263.0 million (118.7 million cultivators and 144.3 million agricultural labourers) in 2011. As per Agriculture Census 2010-11, about 85% of the operational holdings accounting for about 44% of...
More »MGNREGA: A tale of wasted efforts
-Live Mint The scheme represents Rs.2.3 trillion spent on wasteful rural consumption This week marked the eighth anniversary of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the United Progressive Alliance (UPA) government's key rural intervention, launched in 200 districts initially in February 2006. To the extent that such populist schemes helped raise wages without raising productivity. They have contributed more to inflation than to rural wealth. Worse, such schemes have...
More »Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka
-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...
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