-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Monsoons and markets -Ashok Gulati
-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
More »4 Signs That Indian Agriculture Is Headed In The Right Direction -Sanjeev Chopra
-HuffingtonPost Blog Almost all discussions on agriculture begin and end with concerns about the plight of the farmer, the margins of the intermediary, and the ineffectiveness of government policy to address the real issues of those engaged in agriculture. It is easy to blame the government, whether it's the dispensation at the state, Centre or both. Moreover, both are also perfectly capable of blaming each other, even if they are on...
More »Why poverty is development’s best friend -G Sampath
-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...
More »UN: Foodgrain prices will see steady decline in next 10yrs -Vishwa Mohan
-The Times of India NEW DELHI: A UN report has projected steady decline in prices of foodgrains over the next decade, attributing the gradual price fall to increase in overall agricultural production and diversification of dietary choices towards meat and dairy products. The report, released last week, however, emphasized that prices of foodgrains would not fall below early 2000-levels "despite the advantageous scenario regarding global food pricing". It noted that additional agricultural...
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