-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera
-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...
More »This year's floods worst in a decade -Subodh Varma
-The Times of India NEW DELHI: As the monsoon prepares to recede, India faces a mammoth recovery task from the worst floods in a decade. Over 3.4 crore people across 280 districts have been affected by floods that left more than 1,000 dead. Very preliminary estimates indicate that over 3 lakh hectares of crops, mainly paddy, have been destroyed. Over 8 lakh homes, mostly kachcha units have been damaged or destroyed. An...
More »Farmers across India are sowing more cotton, less oilseeds and pulses -Mridula Chari
-Scroll.in Cotton acreage has increased by 18%. As September comes around with the promise of the first harvests in a few weeks, data released by the Ministry of Agriculture on Friday indicate that the overall kharif season sowing acreage as of the end of August is 0.5% less than the previous year. This year, farmers across India have moved decisively away from what were once profit-making crops such as oilseeds as well...
More »'Input prices have pulled down farm income' -TV Jayan
-The Hindu Business Line New Delhi: A substantial increase in input costs of materials has led to a decline in crop income over the years. This has resulted in the purchasing power of farmers not improving even though there was an increase in farm output, an official report has said. “By and large, the per hectare real value of output increased for most crops during the period 2004-05 to 2013-14, but the...
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