The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Agricultural prices crashed in April-June, just when a bumper rabi crop had been harvested after two years of drought, and despite demonetisation. 2017 was agriculture’s annus horribilis. The reason wasn’t monsoon failure (as in 2014 and 2015) or unseasonal rain and hail (as in March 2015); the year was, in fact, largely free of extreme weather events, resulting in a record output of wheat, pulses, cotton, potato and a...
More »Anxieties of the dominant -Christophe Jaffrelot & Kalaiyarasan A
-The Indian Express At the root of the insecurities of Marathas, Jats and Patels lies lack of education and employability The recent clash in Pune district between the Mahars and Marathas reflects the anti-Dalit prejudice of the latter, but it needs to be analysed in the context of the changing status of dominant castes, not only in Maharashtra but across India. The claims of Patels, Jats and Marathas to be considered as...
More »Fix farm woes to power inclusive growth -Sanjoy Chakravorthy, S Chandrasekhar and Karthikeya Naraparaju
-The Hindu Business Line Fragmentation of agricultural land has caused sharp, uneven fluctuations in farmer incomes. Policy must address this Inclusive growth — also called “pro-poor” growth — has become an important idea in the development discourse in India. It has widespread support because it combines the two most important ideas in development: income growth along with a progressive (or more egalitarian) distribution. The term was first embraced in the early 2000s...
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