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Conversion of farmland sowing seeds of resentment in Karnataka -Sharan Poovanna

-Livemint.com Declining income, shrinking farmlands, rise in number of dependents on existing holdings add to farm woes Bengaluru: Since 2000, Karnataka has put nearly 200,000 hectares of farmland to non-agricultural use, including for industrial, residential and infrastructure projects. Besides shrinking farmlands, the number of dependents on existing land holdings have also increased considering little employment opportunities elsewhere. From 1.312 million hectares in 2000-01 (cumulative), the total land put to non-agricultural use has risen...

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Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...

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A self-goal for India -Santosh Mehrotra

-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...

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Fields of ferment -Ashok Gulati

-The Indian Express Why assembly election verdicts should occasion a rethink on loan waivers, MSP raises The results of the elections to state assemblies should be a humbling experience for the BJP. Political pundits have started analysing the verdict, since the reasons for the BJP’s defeat have important implications for the parliamentary election of 2019. One factor that is being flagged by analysts is farm distress. Farmers across the country are not...

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LPG, toilet, house: BJP built solid rural assets but income didn't rise

-The Indian Express “Incomes” not rising, due to low crop prices and stagnating wages, has more than offset any “asset” gains in the recent period, which also probably explains the party’s heavy losses in the three states it ruled, Madhya Pradesh, Rajasthan and Chhattisgarh. New Delhi: The big rural economy takeaway for the BJP from the just-concluded assembly elections is that mere asset creation — building roads, houses and toilets or...

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