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India's pulse dilemma -Uttam Gupta

-The Pioneer While the Government has done its bit to boost the output of pulses, it has done little to check the nexus between politicians and grain traders For several decades, production of pulses in India has fallen substantially short in terms of consumption. This persistent deficit has led to intermittent bouts of spike in prices as imports (needed to plug it) have often come after lag and have failed to reach...

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The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta

-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

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Distress in abundance -Anupama Katakam

-Frontline Low prices following a bumper crop and the State government’s inability to procure much of the yield leave tur farmers in Maharashtra in a quandary. DROUGHT or abundance, farmers seem to be perpetually doomed in Maharashtra. The most recent crisis unfolding in the agrarian segment is the crashing prices of pulses, particularly tur dal, and the inability of the State government to procure the entire crop. Adding to the problem...

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Tricks of a trade -Divya Trivedi

-Frontline Cattle traders see a nexus between cow vigilantes and animal rights organisations in Delhi, where vigilantes unleashed violence in April. In the past year, 40,000 animals seized by them were not returned to the owners, and traders believe that they were sold. A PLANNED and brutal assault on cattle traders in Kalkaji in Delhi on April 22 by a mob of gau rakshaks (cow protectors) has brought to the fore...

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No plan to tax agri income; rich farmer very rare, says Arun Jaitley

-PTI Stating that the agriculture sector is under distress, he said farm holdings are very small in size Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is “a very rare institution” and not the norm.   In an interview to PTI, he said the farm sector is in distress and there was no question of taxing agricultural income. NITI...

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