-The Financial Express By setting the target of doubling farmers’ income by 2022, the prime minister has clearly signalled a transition in agri-food policy from an excessive emphasis on foodgrain production towards improving welfare of the farming community. Given the continued excessive employment pressure, proliferation of small landholdings and growing agrarian crisis, this move is indeed an important change in the policy landscape. Doubling farmers’ income, however, requires identification of high-income...
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Whose development is it anyway? -TK Rajalakshmi and Akshay Deshmane
-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...
More »How Long Can India's Farmers Subsidise the Nation? -Kirankumar Vissa
-TheWire.in The farmers have done their job. The nation has failed to deliver them a decent income in return. Farmers are coming onto the streets across the country – in Maharashtra, Madhya Pradesh, Rajasthan, Telangana, Tamil Nadu, Punjab and now from all states into Delhi. As the agitations intensify and take a national character, it is necessary for the nation to understand what is driving them. Are they asking for the sky,...
More »Are rising tractor sales a sign of reviving demand in rural India? -Sayantan Bera
-Livemint.com Tractor sales have gone up in a year which has seen farmer protests in several states for remunerative crop prices and farm loan waivers, amid lingering effects of demonetisation and GST implementation New Delhi: Domestic tractor sales rose to a record in the first half of the fiscal year, but economists are hesitating to interpret it as a sign that the farm economy has finally turned the corner. Tractor manufacturers sold 363,071...
More »Loan waiver is not the solution -Anjani Kumar and Seema Bathla
-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...
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