-ForeignPolicy.com Roughly 600 million Indians are farmers -- the majority of whom would happily give it up for another job. So why is the Congress party so determined to keep them as peasants? In 1991, the Congress-led government of Indian Prime Minister P.V. Narasimha Rao passed a series of groundbreaking reforms that unshackled the Economy from its tight state controls, transforming it into a market-oriented, globalized giant. Those reforms unleashed India’s...
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Vexations of agrarian India -AR Vasavi
-Livemint.com Agriculturists’s woes are not just forms of a crisis, but also indicate the deceleration of the agrarian Economy Unseasonal rain, falling commodity prices, increasing input costs, decreasing size of land holdings, and now the political move to “acquire” all land into the globalizing market. The agony-list that agriculturists can make of their current situation can be even longer for all these are not just forms of a crisis, but also indicate...
More »40% of India still banks on monsoon for agriculture -Subodh Varma
-The Times of India In the 21st century, why does the forecast of a deficient monsoon send the same ripple of fear through India as it would 5,000 years ago? The short answer is that for almost 40% of the population, agriculture has not changed — it is still dependent on the "rain god", or the South-West monsoon as it is known today. Here are the facts: about 46% of India's net...
More »Deepening agrarian crisis endangers food security
A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food Economy of the nation, apart from breaking the spirit...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian Economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian Economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
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