Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns. By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...
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NREGA Lines Pockets. Not of the Poor by Abhishek Bhalla
JANGU, 40, a Dalit labourer in Paraspur village in Gonda district, 120 km northeast of Lucknow, displays his job card in complete disbelief. “My job card was made three years ago and shows three payments. But I was never given any work, so how was the payment made?” he asks, puzzled. The first entry shows a payment of Rs 1,400 but he received a paltry Rs 100. He never went...
More »Enter, farmer with an FDI query by R Suryamurthy
Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...
More »Drought-proof village in bone dry district by Sarandha
Sehal Sagar village in Rajasthan has won the national water award instituted by the water resources ministry Nestled in Rajasthan’s bone-dry Tonk district, Sehal Sagar village boasts of lush green fields, wells full to the brim and healthy cattle. The surprise transformation has been possible because the village follows rainwater harvesting and develops its pasture land. Sehal Sagar has an elaborate network of ponds, canals and chaukas which ensure that every drop...
More »High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
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