The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
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Does growth in pulses output mean India has reached self-sufficiency? -Harish Damodaran
-The Indian Express India’s pulses production increased by nearly half in the space of two years, from 16-17 million tonnes to 23-24 million tonnes this year New Delhi: Till recently, there were two agri-commodities in which India was seen as being perpetually and increasingly import-dependent: edible oils and pulses. Between 2010-11 and 2016-17, the import value of the former soared from $4.72 billion to $10.89 billion, while from $2.25 billion to $4.24...
More »A new problem of plenty: Protein excess -Parthasarathi Biswas
-The Indian Express Government godowns are, for the first time, bursting at the seams with pulses on record procurement Pune: When in mid-December, Anand Pawar decided to register the standing tur (pigeon-pea) on 10 out of his 50-acre holding with the Maharashtra State Cooperative Marketing Federation’s purchase centre at Latur, he was quite hopeful of realising the government’s minimum support price (MSP) of Rs 5,450 per quintal for the soon-to-be-harvested crop. At...
More »Is loan waiver a panacea for rural distress? -Nilanjan Banik
-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....
More »BJP recorded 593 percent jump in donations in 2016-17, Congress 105 percent, says report
-The Indian Express According to the report, the total donations received by national political parties between the financial year (FY) 2016-17 increased by Rs 487.36 cr — an increase of 478% from Rs 102.02 crore declared during the previous fiscal. The Bharatiya Janata Party received Rs 532.27 crore as donation during financial year 2016-17, a 593 per cent increase as compared to the Rs 76.85 crore it declared in the previous fiscal...
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