-ThePrint.in Bihar govt has blamed the Centre’s ‘complicated’ verification process for the low enrollment in the state, which has 16.19 million farmers. Patna: PM-KISAN, the Narendra Modi government’s flagship income support scheme for farmers, has fared poorly in Bihar in terms of their enrollment. Of the 40,95,000 beneficiaries, just 26 per cent farmers have registered under PM-KISAN, a Bihar agriculture ministry official told ThePrint. The state has 16.19 million farmers — the second...
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Market incentives, direct income support for farmers are far more effective in increasing agricultural productivity -Ashok Gulati & Sakshi Gupta
-The Indian Express India can learn three lessons from China — investing more in agri-R&D and innovations, improving incentives for farmers by carrying out agri-marketing reforms, and collapsing input subsidies into direct income support on per hectare basis. India and China, the world’s most populous countries, have limited arable land — China has about 120 million hectares (mha) and India 156 mha. The challenge before the two countries is to produce...
More »A difficult time for the economy -Renu Kohli
-The Telegraph It must be ensured that growth does not slide down further Economic news has been increasingly dismal for some time. The decline in economic activities since January-March 2018 accelerated this year, gathering pace in recent months and prompting concern it could turn into a recession. Some commentators argue the economy is in a recession; others disagree, saying growth is decelerating. Since recessions are defined as periods of negative real gross...
More »Subhash Palekar, father of Zero Budget Natural Farming, interviewed by N Madhavan (The Hindu Business Line)
-The Hindu Business Line Speaking to BusinessLine at a farm on the outskirts of Aurangabad, Subhash Palekar, father of ZBNF, rebuts every criticism and allays every fear that have been raised The Modi government sees zero budget natural farming (ZBNF) as a solution to the farm crisis. The 2018-19 Economic Survey recommended it and so did the 2019 Union Budget. In fact, Prime Minister Narendra Modi surprised many by asking farmers not...
More »Lowering corporate tax rate is good but not enough -Renu Kohli
-The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes...
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