Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
More »The great Indian farm paradox -Yogendra Yadav
-The Tribune Agrarian society vs a non-agrarian economy poses a huge political challenge. JUST how many farmers are there in India? This is not merely a statistical question. This is a question of policy and political significance. We have all grown up reading about India as an agrarian economy, with a majority of its population engaged in farming. Does that continue to be the case? Or has the number of farmers declined...
More »'Draft pesticide Pesticides Management bill will hurt farmers' -Priscilla Jebaraj
-The Hindu Clause on listing ingredients dropped. A group of Indian pesticide manufacturers says that the proposed Pesticides Management Bill, which is likely to be finalised this month, will harm both farmers and the domestic industry by not making it mandatory for the active ingredients of pesticides to be revealed in the registration process. “The draft Bill will allow importers to register readymade products without registering the active ingredients,” said Pradip Dave, President...
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