-The Indian Express Getting the right remuneration is the most critical issue facing farmers. Government must provide policy, institutional framework for procurement. The farmer and his income is an important theme of discussion these days. A lot is being written on ways to increasing, and doubling, the farmers’ incomes by the year 2022. Viewed arithmetically, the income of a farmer is a function of three things — the cost of cultivation, production...

-Livemint.com Merely putting the labour component of other projects in MGNREGA may not lead to any value addition There are several studies and reports that clearly show that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has accomplished its objectives to a large extent. Initially, this government derided the programme as some kind of a dole—but it later acknowledged its role in rural development, if reluctantly. The chief ministers’ council in...

-The Indian Express It is important to evaluate the consequences of the Centre’s agriculture policy. With elections around the corner, it’s too late for a course correction of the farm sector, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...

-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...