-Tribune India Policy shift towards market-oriented management will hit marginal farmers hard There is unfolding of the policy of the NDA government towards agriculture. Contrary to election speeches of Prime Minister Narendra Modi, the government has kept quiet about the Swaminathan Commission report about fixing the MSP of agricultural commodities at cost plus 50 per cent. At the same time, the government has given indication towards reduced FCI operations. It has been...
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Public funds to push neoliberal agenda -CP Chandrasekhar
-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
More »India’s unfinished agricultural and rural revolution -Uma Lele
-The Financial Express The BJP's resounding Lok Sabha victory after years of policy paralysis raised a widely-shared hope that the government, led by PM Narendra Modi, will put India back on track by resuming inclusive growth. And that agriculture and rural development would be at the centre of the agenda. Half the employment still comes from agriculture, though it contributes just 14% to the GDP. India contains the largest number of...
More »Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee
-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
More »Miles to go for achieving food security
Those who compare India with China on equal basis, could be left with egg on their face if the new Global Food Policy Report 2014-15 is to be read and believed. The recent report from International Food Policy Research Institute (IFPRI) shows why India is still faring much worse as compared to its neighbours including China, in the areas of agriculture and food security. In 2012, China spent close to...
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