-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...
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Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »Will 'climate smart agriculture' serve the public interest - or the drive for growing profits for private corporations? -Peter Newell, Jennifer Clapp & Zoe W Brent
-TheEcologist.org 'Climate smart agriculture' has become the buzz phrase at high level international policy discussions. But now there is a struggle over its definition. Is it the latest manifestation for corporate social responsibility or the title of a manifesto for real, grassroots led, change, ask PETER NEWELL, JENNIFER CLAPP and ZOE BRENT The race is on to deliver models of agricultural development that are viable and sustainable in a world of...
More »Can Budget 2018 address slowdown in rural economy? -Tadit Kundu
-Livemint.com Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India’s rural economy The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year’s budget. But...
More »Panel sets out an action plan to make agriculture profitable -Sayantan Bera
-Livemint.com The committee’s suggestions on major reforms include an overhaul of the Union agriculture ministry New Delhi: In a detailed action plan for doubling farmers’ incomes, a top government panel has proposed major reforms to the existing administrative structure. This includes an overhaul of the Union agriculture ministry, setting up a three-tier planning and review mechanism through district, state and national level committees and an annual ease of doing agribusiness survey. The committee on...
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