-Livemint.com Distress in rural economy is not limited only to the Agrarian sector but has also spilled over to the larger economy with unemployment becoming a major challenge 2017 has been a bad year for the economy. The fact that the economy is in crisis, particularly the rural economy, is no longer a matter of statistics. The recent elections in Gujarat have laid bare the fissures in the rural economy that have...
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Proposed scheme to address Agrarian distress is impractical and does not touch on systemic issues -Roshan Kishore
-Hindustan Times The Indian farmer needs to sell his produce with as little intermediation as possible in order to make decent profits. One of the biggest roadblocks for this to happen is lack of mass demand for the majority of farm produce Faced with the spectre of rural anti-incumbency after the Gujarat results, the Modi government is in firefighting mode. Reportedly, a scheme is being planned to provide partial support to state...
More »Why are farmers distressed across India? -Vikas Vasudeva
-The Hindu * What’s the problem? The year 2017 was marked by several farmers’ protests nationwide, with a few turning violent. Last month, in New Delhi, 184 farmer groups came together from Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab and Telangana to take part in a ‘protest walk.’ The protest once again highlighted the plight of farmers and the extent of Agrarian distress. The agriculture sector is characterised by instability in incomes...
More »Time to go to FRDI Bill's roots -Rajrishi Singhal
-Livemint.com Controversy around the bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...
More »Farm distress and electoral outcomes -EA Ramaswamy
-The Hindu Business Line Gujarat result shows politicians and governments would pay attention to farmer woes only when they are hit where it hurts Agriculture is in the eye of the storm, and we must thank Gujarat elections for this turn of events. Agrarian distress is gaining eyeballs like never before. Farmers have tried all kinds of methods in the past, but to no avail. They committed suicide, but it didn’t matter....
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