Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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Managing India's sugar surplus -N Madhavan
-The Hindu Business Line As the sector pays the price for governments’ populism, it is time for an all new approach Earlier this month, Australia and Brazil dragged India to the WTO for its market-distorting policies on sugar. Their contention was that the subsidies, including the extent of farmer assistance, far exceeded the norms set by the WTO resulting in higher sugar production/exports which dampen the international prices and, consequently, hurt their...
More »Everybody loves a farmer -Vijoo Krishnan
-Frontline.in The cash transfer schemes the Narendra Modi government and several State governments have announced to woo the peasantry ahead of the election, like the loan waivers, short-change farmers because they avoid the vital issue of remunerative prices for farm produce. In a sudden flurry of new-found concern for the long-suffering Indian peasant, parties across the political spectrum are desperately trying to woo this section of society. In fact, ever since...
More »Is farmer income support a sustainable solution? -Sanjiv Phansalkar
-VillageSquare.in Income support to smallholder farmers is similar to palliative measures like minimum support prices or loan waivers that do not address the problem of an unsustainable population living on a fixed resource base The government in the budget for this year has announced an allocation of Rs 75,000 crore for direct income transfer of Rs 6,000 annually for every farmer who owns less than 2 hectares of land. This amount...
More »Income transfers are hottest trend in agricultural policy. But how do states identify beneficiaries? -Mridula Chari
-Scroll.in In Telangana, large landholders are benefiting disproportionately from the scheme. In Odisha, families of ministers were on initial beneficiary lists. Early on January 25, Saroj Kumar Sahu and Manu Patel, two farmers from a western Odisha village, boarded a bus with around 10 others from their village to travel across the state to Puri. They were among thousands of farmers from the state’s 147 Assembly constituencies who were chosen to attend...
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