-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
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Onion farmers for change, grape growers whining for status quo-Amruta Byatnal
-The Hindu Dindori (Maharashtra): This constituency in Nashik district does not occupy a particularly significant spot on the election map, but it presents a neat battle of "status quo vs. change" between its elite wine-grape farmers and onion growers. While onion farmers are rooting for change, grape growers are largely status-quoist, favouring the Congress for fear that a Bharatiya Janata Party-led government will not encourage the nascent wine industry in the country. Dindori,...
More »Why do farmers commit suicides?
A study by Jonathan Kennedy and Lawrence King, published in the Lancet journal Globalization and Health (2014) has found that liberalization of the agricultural sector in the early-1990s is responsible for the agrarian crisis and, therefore, farmers with certain socio-economic characteristics -- cash crops cultivators, with marginal landholdings, and debts-are particularly at risk of committing suicide. In short, the study detects that the differences in the structure of agricultural production explain...
More »Broken link in the agricultural supply chain
-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
More »Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
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