-The Hindu Business Line It scores over loan waivers as it benefits all farmers and gives them more control over the cultivation and sale of their produce There is an illusion across various quarters that a one-time farm loan waiver can remove all the hardships farmers have been going through over the last 15 years or so. This illusion has been occupying more space in public discourse in recent months because of...
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Pulses and Oilseeds: Nafed buy may drop by a third -Prabhudatta Mishra
-Financial Express Forget the fanfare about the PM-AASHA scheme that is designed to lend greater price support to farmers, procurement of pulses and oilseeds by the public sector is likely to drop by more than a third in the kharif 2018 season from the year-ago period. The decline in procurement comes after two consecutive kharif seasons in which it surged and reached a critical mass, compared with very small quantities earlier. Just...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »India lost 11 million jobs in 2018, rural areas worst hit: CMIE
-BusinessToday.in The analysis report showed individuals from vulnerable groups, namely women, uneducated, wage labourers, agricultural labourers and Small traders, being the worst hit by job losses in 2018. Job scenario turned bleak in the past year, as almost 11 million Indians lost their jobs during 2018, a report by the Centre for Monitoring Indian Economy (CMIE) said. The analysis report showed individuals belonging to vulnerable groups being the worst hit by job...
More »The safety net of the future -Pranab Bardhan
-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most measures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...
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