-The Indian Express Madhya Pradesh’s agricultural growth rates offer important lessons for the Centre Shivraj Singh Chouhan completed 10 years in office as chief minister of Madhya Pradesh last week. His most outstanding achievement is the excellent performance of agriculture — the agri-GDP of MP grew at 9.7 per cent per annum during 2005-06 to 2014-15, surpassing even record-holder Gujarat’s 7.7 per cent. The last five years have been even more...
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CSE report probes why crop insurance schemes are failing
Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...
More »Rs 20k crore worth crops lost due to February-April unseasonal rains: Report
-PTI NEW DELHI: Farmers have lost more than 10 million tonnes of rabi crops, valued at above Rs 20,000 crore, due to unseasonal rainfall and hailstorm in February-April this year, CSE said in a report. India may have to import 10 lakh tonnes of wheat in 2015-16 as about 68.2 lakh tonnes were lost due to unseasonal rainfall, the Centre for Science and Environment (CSE) said in its report, titled 'Lived Anomaly'. In...
More »Perfect storm
-The Indian Express The reality of rural distress is sinking in only now for policymakers. There can be no better illustration of the vagaries of the weather than Chennai’s streets being inundated with water and the second India-South Africa cricket test in Bangalore suffering washout due to rains, even as drought stalks much of the country. That really is the case today, with Tamil Nadu, Kerala, southern and coastal Karnataka, Rayalaseema...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
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