-Livemint.com A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...
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How e-NAM can promote the warehousing sector -Sangeeta Nain
-The Hindu Business Line The recently launched e-NAM (National Agriculture Market) is targeted to be rolled out in 200 mandis across the nation on September 30, 2016. In recent years, the country has seen rising efforts by the government and private companies to unify agricultural markets. It is expected that participants across the nation will trade on the e-NAM platform and that the prices of agricultural produce will be determined based on...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Conserving the last drop -Narayan Lakshman
-The Hindu The way forward may be to not rely only on dams, interlinked rivers, and borewell drilling — but to supplant these with effective water conservation, storage and groundwater recharge For the past one week, The Hindu has explored the multi-faceted crisis of water scarcity that has gripped India this summer, through a daily series titled ‘Last Drop’. The series sought to give our readers a comprehensive understanding of six critical...
More »National Agricultural Market: Rationale, Roll-out and Ramifications -Kushankur Dey
-Economic and Political Weekly The creation of the National Agricultural Market in India is a welcome move against the backdrop of the agricultural produce marketing committee reforms, 2013 and APMC Model Act 2003. With the twin objectives of spot price discovery and real-time price dissemination, the NAM is aimed at introducing a technology-enabled trading environment at regulated markets and integrate primary and secondary markets at the regional and national levels. To...
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