-Economic and Political Weekly Farmers' unions and political parties have been demanding the implementation of the Swaminathan minimum support price (cost plus 50%) to address agrarian crisis and farmers' distress. But they have not raised demands for the implementation of the recommendations of the National Commission on Farmers, which have the potential to provide lasting solutions. Ranjit Singh Ghuman (ghumanrs@yahoo.co.uk) is a Nehru SAIL Chair Professor, Centre for Research in Rural and...
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Monsoon deficit grows to 10% on poor August rains, raises drought fears -Amit Bhattacharya & Vishwa Mohan
-The Times of India NEW DELHI: Below-par rainfall across India for more than two weeks has pushed the monsoon deficit to 10% below normal, increasing worries of a second successive drought year in the country. Average all-India rainfall was 5% below normal at the beginning of August but had doubled by Independence Day due to rains remaining consistently below average during the fortnight. August so far has seen 17% below-normal rain. A shortfall...
More »Farmers committing suicide due to failed crop, not love affairs: Will 'Skill India' provide relief? -Valay Singh
-The Economic Times Premshankar Meena, 20, didn't kill himself for his love. He didn't because he was addicted to drugs, either, whether agriculture minister Radha Mohan Singh believes that or not. In July, when asked if the "lack of support to poor and small farmers by way of greater inputs and better support price for their produce" was the main reason for rising suicides, Singh said: "According to NCRB [National Crime...
More »Free power, the bane of farming in Punjab -Arvinder Walia & Jasmine Sharma
-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...
More »Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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