A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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The great Indian farm paradox -Yogendra Yadav
-The Tribune Agrarian society vs a non-agrarian economy poses a huge political challenge. JUST how many farmers are there in India? This is not merely a statistical question. This is a question of policy and political significance. We have all grown up reading about India as an agrarian economy, with a majority of its population engaged in farming. Does that continue to be the case? Or has the number of farmers declined...
More »Farmers for policy initiatives to mitigate agricultural crisis
-The Hindu KRRS and Hasiru Sene seek to remind CM Kumaraswamy of his pre-poll promise of a loan waiver MYSURU: Farmers from the region have come out with a 10-point agenda for the new coalition government in the State to ensure the welfare of cultivators and mitigate agricultural distress. The Karnataka Rajya Raitha Sangha (KRRS) and Hasiru Sene have sought to remind the Chief Minister H.D. Kumaraswamy of his pre-election promise of a...
More »When Civilisations Disagree -Yoginder K Alagh
-The Indian Express Government must be circumspect about Cauvery dispute resolution mechanism. The government has been wise in not pressing the panic button on the Cauvery. In fact, the concept of a Cauvery Board is a flawed one. Lawyers normally have a limited understanding of water issues. We have a lot of experience in India of tribunals delaying projects for decades. Some experts have suggested highly centralised systems of dispute resolution...
More »Monsoon forecast lifts up mood: As agri shines, will it rain returns for these stocks?
-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...
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