-The Financial Express The BJP's resounding Lok Sabha victory after years of policy paralysis raised a widely-shared hope that the government, led by PM Narendra Modi, will put India back on track by resuming inclusive growth. And that agriculture and rural development would be at the centre of the agenda. Half the employment still comes from agriculture, though it contributes just 14% to the GDP. India contains the largest number of...
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Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee
-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
More »Delhi's organic farming shocker: Data a load of manure
-India Today Believe it or not, almost 70 per cent of the national Capital was used for organic farming in 2011-2012, according to National Project on Organic Farming (NPOF), which comes under the Ministry of Agriculture. While the total geographical area of Delhi is 1.48 lakh hectares, NPOF data shows 100238.74 hectares (almost twice the size of Mumbai) was used for organic farming during that period. What smacks of data fudging and...
More »Potato glut & price slump drive 8 farmers to commit suicide in Bengal -Phalguni Banerjee
-The Times of India KOLKATA: A potato glut and plunging prices have triggered suicides in Bengal's Hooghly, Burdwan and Bankura districts. Hooghly alone reported six of them. Prices have crashed, one kg of the tuber selling for Rs 3 to Rs 4. With the pressure unlikely to ease in the near future, peasants face an uncertain future and are agitating. In 2013, Bengal's farmers reaped a good harvest of 85 lakh tonnes...
More »Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee
-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...
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