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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18

The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...

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A crop revolution -Anupama Katakam

-Frontline.in The women-led climate-resilient farming model created by Swayam Shikshan Prayog in drought-hit Marathwada has yielded encouraging results and is worthy of emulation across the country. “LOOK at our quinoa. It has grown so well,” says a beaming Shailaja Narwade from Masia village near Solapur in interior Maharashtra. Shailaja has planted the traditional South American plant not for consumption but in order to harvest its seeds. “Quinoa seeds are very valuable...

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Contract farming Act an inadequate model -Sukhpal Singh

-The Tribune Contract farming is a much-needed vehicle to bring new crops, technologies, and markets to farmers. However, the new model Act 2018 opens up agricultural markets to contracting agencies without adequate safeguards for farmers. The first attempt at reforms in agricultural markets was made by the union government with the design of a model Agricultural Produce Market Committee (APMC) Act in 2003 which provided for new market channels for farmers and...

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Farm subsidies: the coming fight at the WTO

-Livemint.com India needs to defend policies that make agriculture remunerative and stand by its poor at this stage of development In an attempt to combat rural distress, the Union budget announced this year by finance minister Arun Jaitley promised a new deal to farmers—minimum support prices (MSP) that would be 150% of the cost of production. The government is expected to announce the first set of support prices under the new policy in...

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Centre unveils model contract farming law

-The Economic Times NEW DELHI: The agriculture ministry on Tuesday released the Model Contract Farming Act, 2018, which lays emphasis on protecting the interests of farmers, considering them as weaker of the two parties entering into a contract. The ministry says that it is a promotional and facilitative Act and not regulatory in its structure. In addition to contract farming, services contracts all along the value chain, including pre-production, production and post-production,...

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