-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...
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The perpetual El Nino -Jatin Singh
-The Telegraph Below-normal and drought are the new normal. Since 2012 there has only been one normal monsoon. Monsoons follow their own patterns, unpredictable as they may be. In the past, certain periods, spanning a decade or sometimes two, have had higher frequencies of droughts and at the moment, we seem to be stuck in such a cycle. Between 1900 and the year 2000, there was one drought per decade. But...
More »Solar pump scheme needs serious relook -Chandra Bhushan
-The Financial Express The Ministry of New and Renewable Energy (MNRE) recently rolled out a massive solar-pump programme called the PM-KUSUM scheme. The scheme has a target to set up 25,750 megawatts (MW) solar capacity by 2022 to power irrigation pumps, with central financial support of Rs 34,422 crore. It includes installation of 1.75 million off-grid and 1 million on-grid solar pumps as well as 10,000 MW of solar capacity in rural...
More »Zero Budget Natural Farming: Another Case of 'Raw Wisdom' Over Science? -Kabir Agarwal
-TheWire.in The Centre says the method will improve crop productivity and reduce input costs, but it remains unclear which scientific studies – if any – these conclusions are derived from. New Delhi: During her budget speech in July, finance minister Nirmala Sitharaman responded to widespread farmers’ distress by saying that they would be encouraged to adopt a ‘zero budget’ technique that would take India’s agriculture sector ‘back to basics’. Zero-budget natural farming...
More »Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna
-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...
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