-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...
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Maharashtra: Drought and low prices worry gram growers in Marathwada -Partha Sarathi Biswas
-The Indian Express The state has reported 13.13 lakh hectare of chana acreage as compared to 19.77 lakh hectare last year. The acreage had come down this year due to moisture stress from the drought. Pune: Gram growers in the drought-hit district of Marathwada are facing reduced yield and low prices. Low demand and offloading stock by government agencies have dimmed the prices of good realisation for farmers this year. Farmers in...
More »Cane dues in Uttar Pradesh may cross Rs 10,000 crore -Harish Damodaran
-The Indian Express The only way to prevent a further piling-up of cane arrears would be via improved sugar realisations, according to a miller. Arrears in payments to cane farmers by sugar mills in Uttar Pradesh (UP) have almost touched Rs 8,500 crore and could cross the Rs 10,000-crore mark by March-end, just ahead of voting for the coming Lok Sabha elections. According to data compiled by the Cane Commissioner’s Office in...
More »Will PM-Kisan transform India's agriculture support ecosystem? -Sayantan Bera
-Livemint.com The farm income support scheme was launched after NDA’s other flagship schemes failed to tackle rural distress The scheme promises to pay Rs. 6,000 every year to each of the 120 million farmer families in India NEW DELHI: The Narendra Modi-led Bharatiya Janata Party (BJP) government at the centre announced a scheme for farmers in the interim budget presented on 1 February, with just a few months to go for the...
More »Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati
-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...
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