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Rural income: looking beyond agriculture -Sanjay Kaul

-Livemint.com China’s example shows the benefits of the rural workforce shifting from the farm to the non-farm sector The government announced its ambitious dream of doubling farmers’ income by 2022-23 in 2015-16. Incomes would have to grow annually by 10.4% to double in seven years. The data on growth rates of farm income given by NITI Aayog in its policy paper on doubling farmers’ income shows that the real income of farmers has...

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Don't chicken out

-The Hindu Business Line India has withdrawn curbs on US chicken imports, but phytosanitary concerns remain In keeping with its hardline stance on trade matters, the US continues to press for damages against India on poultry import curbs, despite India having relaxed them in recent months. Citing avian influenza concerns, India had for years virtually banned poultry imports from the US, prompting the latter to move the WTO. In 2015, the WTO...

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India Braces for Oil Blowback as Trump Set to Announce Decision on Iran Deal -Noor Mohammad

-TheWire.in If Trump carries out his threat of pulling the US out of the deal and re-imposes sanctions on the Persian Gulf country, oil prices could start soaring, hitting India and other major crude importers hard. New Delhi: The global oil market is waiting with bated breath for US President Donald Trump’s next move on the Iran nuclear deal, expected to be announced on Tuesday, four days ahead of the May 12...

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Tomatoes bring tears to Kolar farmers this poll season

-The New Indian Express At Rs. 80 per crate of 15kg, tomato is threatening to bring tears in the eyes in this poll season for the farmers in this drought prone district. KOLAR: Waiting for his truck load of tomatoes unloaded at the Kolar Agricutlure Produce Market Committee(APMC) yard, one of the largest in Asia, is worried despite harvesting a bumper crop. As the price for the day is announced disappointment is...

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The misery of farmers in the midst of plenty -Himanshu

-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...

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