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Farm income growth slumps to a 14-year-low in Oct-December 2018 -Harish Damodaran

-The Indian Express October-December 2018 is also the second consecutive quarter where growth in gross value added (GVA) from agriculture has been lower in nominal than in real terms. The country’s farm sector output may have grown by just 2.7 per cent year-on-year in October-December 2018, the lowest in 11 quarters. But what should worry the NDA government more than the low increase in “real” terms (i.e. at constant prices) is...

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Ensure a minimum income for all -Ram Singh

-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...

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GDP growth slows again in third quarter

-The Hindu Govt. cuts FY19 growth estimate to 7%; Q3 growth estimated at six-quarter low; agriculture, manufacturing contribute to slowdown GDP growth slowed for the third consecutive quarter in the October-December 2018 period, according to data released on Thursday. Growth fell to 6.6% in the third quarter, the lowest in the last six quarters. The slowdown was led by agriculture, which is estimated to grow at 2.7%, against the earlier estimate of 3.8%. Data...

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Niti Aayog working on policy to end crop residue burning -Yogima Seth Sharma

-The Economic Times Agricultural straw is mostly used as fodder for cattle or for making cardboard in areas where farmers harvest their crop by hand. New Delhi: Government think-tank Niti Aayog will soon come out with a policy roadmap to promote alternative use of crop residue, which farmers continue to burn in the fields despite a ban in some states to curb air pollution. The advisory body has floated an expression of...

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Food security of farmers essential to check suicides -S Harpal Singh

-The Indian Express ‘A farmer’s distress can be handled if he does not have to worry about his next meal’ If you ask Chate Gnaneshwar — from Emaikunta in Indervelli mandal of Adilabad district or other farmers who cultivate foodgrains for self-consumption like him — of a solution to control farmer suicides, he is most likely to point out towards ensuring food security for the poor agriculture community. “The distress brought upon...

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