-Livemint.com The government is confident of doubling farmers’ income by 2022, says Modi New Delhi: Indian farmers are taking to new and scientific methods of cultivation by adopting organic and solar powered farming, while the government has formulated an agriculture export policy to prepare farmers for the international market, Prime Minister Narendra Modi said in his Independence Day speech on Wednesday. “Despite apprehensions of many, we have set a goal to double farmer...
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Moong drops below MSP even as arrivals begin in N Karnataka -Vishwanath Kulkarni
-The Hindu Business Line Farmers want Govt to begin purchasing immediately Bengaluru: As the new kharif moong (green gram) hits the markets in North Karnataka, prices of the pulses crop are trading lower at around Rs.5,100 a quintal, much lower than the minimum support price of Rs.6,975 announced by the Centre. In fact, the prevailing prices in the State are also lower than last year’s support price of Rs.5,575/quintal, growers said, while demanding...
More »If India Produces More Foodgrains Than It Needs, Why Are People Still Starving? -Aditi Goyal
-TheWire.in It is set law that procedures cannot impact vested substantive rights – and the right to life and correspondingly, food, is the most substantive of all rights. “After a prolonged decline, world hunger appears to be on the rise again”, claims a report titled ‘The State of Food Security and Nutrition in the World (2017)’ by the Food and Agriculture Organisation of the UN. Nowhere is this more true than in...
More »Farmers grapple with rising costs, falling incomes
-howindialives.com/ Livemint.com The recent protests by the Marathas might have roots in the declining returns from farming across Maharashtra between 2006-07 and 2014-15 Falling farm incomes in rural Maharashtra might be an important factor fuelling the current spate of protests by the Marathas, who are demanding reservation in educational institutions and government jobs. The net returns from farming, or wholesale prices minus costs of production, declined for most of the major crops...
More »The Indian economy's changing growth constraints -Niranjan Rajadhyaksha
-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...
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