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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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Gujarat farmers unlikely to benefit from sops doled out by State govt -Rajalakshmi Nirmal

-The Hindu Business Line Costs, prices, credit issues are a challenge, just as in other States Ahead of the Assembly elections, the Gujarat government has announced a slew of measures to woo rural voters. This includes waiver of GST on equipment used in micro-irrigation, 0 interest on loans up to ?3 lakh for farmers, and a bonus of ?500 per quintal on cotton. But these sops are not likely to make farmers in...

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World lost 2.3 million sq km of forested land to drought in last three decades -Subhojit Goswami

-Down to Earth Successive droughts lead to a substantial and unsustainable expansion of cropland at the expense of forested lands “Droughts are misery in slow motion” with impacts even deeper than previously believed. Although floods pose major economic threats, water scarcity and drought may be causing long-term harm in ways that are poorly understood and inadequately documented, claims Uncharted waters: the new economics of water scarcity and variability, a report by...

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The viability crisis in Indian agriculture -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line The dilution of government intervention in the form of minimum support prices, procurement and public distribution is undermining agricultural production in the country Farmer movements and farm loan waivers in different States have driven home the fact that the viability of agriculture is under challenge. This is surprising, since the comprehensive framework for reviving agricultural production, introduced in response to the agricultural crisis in mid-1960s, is in principle...

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Shyam Khadka, India's representative at the FAO of the United Nations, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com In India, 9 million people left farming between 2001 and 2011 largely due to distress, not because industry invited them, says Shyam Khadka, India’s representative at the FAO Shyam Khadka, India’s representative at the Food and Agriculture Organization (FAO) of the United Nations, says more Indians are moving out of agriculture due to distress and not because the manufacturing sector is inviting them. In an interview, Khadka calls for converting food...

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