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MS Swaminathan, father of Green Revolution, interviewed by Prabodh Krishna (BusinessWorld)

-BusinessWorld.in The recent past saw upsurge of farmers in Maharashtra and Tamil Nadu over demands of implementing Swaminathan Commission's recommendation and the protests are fast spreading their arms in other states as well Keeping in mind that more than half of the Indian population depends on agriculture but the share of agriculture in GDP is nowhere near expectation, in 2002 the then National Democratic Alliance Government led by Atal Bihari Vajpayee called...

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Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report

-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...

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The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta

-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

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India uses up more groundwater than US and China -Subodh Varma

-The Times of India Right on the edge of the Ganga basin that spans 11 Indian states lies Naujhil block, a few kilometres west of the Yamuna in UP's Mathura district. You would think this is a blessed location with plentiful water all round. With its 17 tributaries, including the Yamuna, Ganga's catchment area has about 525 billion cubic metres (bcm) of surface water and about 171 bcm of groundwater. On average,...

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From plate to plough: An unfulfilled farm manifesto -Ashok Gulati & Siraj Hussain

-The Indian Express On agriculture, three years into the Modi government, while many steps have been taken to realise promises made in 2014, others have fallen by the wayside With the Modi government completing three years in office, it is time to assess its performance in various sectors. We focus here on agriculture. Without robust growth in agriculture, “sabka saath, sabka vikas” will remain an empty slogan. There are two ways to evaluate...

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