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Solution to economy's woes: Boost incomes of those who will spend it best -Harish Damodaran

-Financial Express Two measures can do much to bring back price sentiment and liquidity in agricultural markets, just when farmers are set to harvest a bumper crop. The current economic slowdown began with Bharat. It has to also end with Bharat. According to the National Statistical Office’s GDP estimates for April-June 2019 released on Friday, India’s agriculture sector — which includes forestry and fishing — grew 2.04% year-on-year during the quarter....

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Dip in tractor sales indicate further deepening of rural distress

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

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Systemic transformation in agriculture must put the farmer at the centre -Arunabha Ghosh

-Hindustan Times Farming must become sustainable since agriculturists are struggling to build resilience against many threats I spent international women’s day in Mangalagiri, in Guntur district of Andhra Pradesh, with Usha Rani. As a single mother for 17 years, she has raised two children (now in second-year college and in high school). Three years ago, she switched to natural farming. On less than half an acre, she practises multicropping, growing maize, banana,...

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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

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'Rainfed farmers are the most neglected'

-The Hindu Business Line Need to do more R&D in rainfed agriculture and bring in more policy perspective: Ashok Dalwai Even though rainfed agriculture contributes to 60 per cent of the value of agriculture GDP of India, there is a clear-cut bias towards irrigated areas when it comes to public investment in agriculture in the country. This neglect, together with unsuitable programme design, has ensured that potential of rain-fed areas remains unrealised, a...

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