-The Indian Express Because this time, it’s only rural producers, not urban consumers, who are feeling the heat This time’s drought has been a most unusual one. Even with three consecutive bad crops (kharif 2014, rabi 2015, and kharif 2015) and a fourth not-so-great one (thankfully, there’s been no big damage from the unseasonal rain and hail unlike in March 2015), annual consumer food price inflation is only 5.3 per cent. In the...
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Why It Is Hard To Double Farmers’ Income By 2022 -Abhishek Waghmare
-The News Minute/ IndiaSpend Efficient agricultural markets can also be a potent tool for poverty reduction “We are grateful to our farmers for being the backbone of the country’s food security. We need to think beyond food security and give back to our farmers a sense of income security. Government will, therefore, reorient its interventions in the farm and non-farm sectors to double the income of the farmers by 2022.” —Finance...
More »From Plate to Plough: Raising farmers’ income by 2022 -Ashok Gulati & Shweta Saini
-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (crop insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the incomes of farmers by 2022. According to...
More »Rains, hailstorms may cause 13 million tonnes damage to wheat output, forcing govt. to go for imports: ASSOCHAM
-Business Standard - Capital Market Unseasonal rains accompanied by hailstorms are creating havoc for Indian farmers year after year even as the country faces shortfall in wheat production by around 13 million tonnes from the initial estimates of 93.8 million tonnes in the current crop year and the development may force the government to consider imports of the staple grain as well, according to an ASSOCHAM paper. "The shortfall in production...
More »Government slams ‘factually incorrect’ Assocham wheat report -Vishwa Mohan
-The Times of India NEW DELHI: The government on Saturday slammed the country's trade association Associated Chambers of Commerce of India (Assocham) for releasing a "factually incorrect" report estimating lower wheat production in India and said "such incorrect information is being publicized with a view to compel government to reduce import duty on wheat." The Associated Chambers of Commerce and Industry of India (Assocham) recently came out with a paper, claiming that...
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