-Reuters India's villages face a sharp spike in food prices in 2016, as a second year of drought drives up the cost of ingredients such as sugar and milk, and poor transport infrastructure stops falling global prices from reaching rural areas. India's first back-to-back drought in three decades also complicates government spending calculations as Prime Minister Narendra Modi tries to prune a subsidy regime that has long propped up the rural economy,...
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Will the JAM Trinity Dismantle the PDS? -Silvia Masiero
-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...
More »Green revolution needs a reset -Shanthu Shantharam
-Livemint.com India’s agricultural growth rate has hovered around 2-3% annually, when in fact it should be at least 5% India’s agriculture became moribund decades ago, and shows no sign of uplift for the long haul. Indeed, the rain gods have played havoc with Indian farmers. But not just the gods, Indian states have done precious little to tackle the problem head-on. The government’s solution is to give financial sops to farmers...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »Nutrition, effective cash transfers: How to ensure social protection -Ashim Choudhury
-Hindustan Times Small and marginal farmers comprise 85% of the land holdings in India. Social protection is a survival tool for the rural poor, who have no easy access to wage labour. India recognised the need for social protection early on and introduced a slew of social protection programmes like the National Rural Livelihoods Mission. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) provides 100 days of assured labour wages...
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