-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...
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Rural income: looking beyond agriculture -Sanjay Kaul
-Livemint.com China’s example shows the benefits of the rural workforce shifting from the farm to the non-farm sector The government announced its ambitious dream of doubling farmers’ income by 2022-23 in 2015-16. Incomes would have to grow annually by 10.4% to double in seven years. The data on growth rates of farm income given by NITI Aayog in its policy paper on doubling farmers’ income shows that the real income of farmers has...
More »How Punjab's paddy & Maharashtra's sugarcane are emptying irrigation reserves -Priscilla Jebaraj
-The Hindu Paddy and sugarcane are India’s most water-guzzling crops — using up over half of the country’s total irrigation water resources — but procurement policies and water and power subsidies are skewing profitability and distorting crop decisions, says a recent study done by agricultural economist Ashok Gulati, and Gayathri Mohan. It has been published as a working paper by the Indian Council for Research on International Economic Relations (ICRIER). The ICRIER...
More »Change policy or will stop all supplies to cities: Farmers -Swati Mathur
-The Times of India NEW DELHI: Coinciding with the anniversary of India’s first War of Independence on May 10, 1857, farmers from across the country will submit signed representations to district magistrates across India, demanding that the Lok Sabha Speaker and Rajya Sabha Chairman take up two private members’ bills, one each for putting an end to farm indebtedness, and for guaranteeing remunerative minimum support prices for all agricultural products. Also...
More »Banking on normal monsoon, Centre sets record foodgrain target
-The Economic Times New Delhi: The Agriculture ministry is targeting record foodgrain output of 283.7 million tonnes in the crop year beginning July, with 140.20 million tonnes targeted for the kharif (summer-sown) crop, on expectation of normal rains during the June-September monsoon season. “The weather office forecast of normal monsoon this year is good news for kharif planting and farmers,” Agriculture Minister Radha Mohan Singh said. He said the government was working...
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