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Bursting the myths on Indian agriculture -Rakesh Rao

-Business Standard Though Indian agriculture has grown to be second largest globally, there are many myths and misconceptions. So, let's find the truth. Though the government over the past few years has been focusing on enhancing manufacturing sector's share to India's GDP, contribution of agriculture to the GDP continues to be higher than that of the manufacturing. India has in abundant four critical fundamental resources - light, land, water & labour. Contrary...

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So Richie Rich? Have Another One On Us -P Sainath

-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...

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Budget silences -Bina Agarwal

-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...

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Rainfed authority again an arm of farm ministry; UIDAI gets boost -Sanjeeb Mukherjee

-Business Standard Budget of NITI Aayog may go up by 18.20% in 2015-16 In a classic case of back to basics, the National Rainfed Area Authority (NRAA), which since 2010 has been part of the erstwhile Planning Commission, will henceforth be an arm of the department of agriculture, as NITI (National Institution for Transforming India) Aayog is up for a rejig. NRAA's budget in 2014-15 was about Rs 31.50 crore, while...

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Silence on the farm -Ashok Gulati

-The Indian Express The Union budget is largely about the intentions and policies of the government of the day, as well as the arithmetic of resource mobilisation and allocation to achieve certain ends in the economy. The diagnostics of various economic problems and their probable solutions are generally found in the Economic Survey. The Economic Survey clearly indicates that growth in agri-GDP in FY15 has collapsed to just 1.1 per cent, while...

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