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Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability -S Mahendra Dev (IGIDR)

2018 (WP-2018-026) There are three goals of agricultural development in India. These are: (a) achieving high growth by raising productivity; (b) inclusiveness by focusing on lagging regions, small Farmers and women; and (c) sustainability of agriculture. In this paper, we will address two questions: (a) How far India progressed in the three goals of agriculture in recent decades? (b) What are the policies and reforms needed to transform Indian agri

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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate

It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about Farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government at the Centre. An a

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Lifelines beyond farm loan waivers -Kirankumar Vissa

f the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the Farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence rallied the urban middle classes to march in solidarity, and leaders of major political parties to pledge support. Cry of di

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Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma

-Newsclick.in The Modi government paid Rs.34,859 crore and Farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide crop insurance to Farmers, that is, if the crop fails

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Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain

cal parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to Farmers – has caught the imagination of our politicians. Odisha and Jharkhand have already announced a modified and improved version of this scheme while teams from various states have been visiting Telangana to study the RB model – a welfare

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A double-edge sword for Farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey

een April and October 2018, and 8% on a y-o-y basis. In FY17, the credit growth reported was 13%, followed by 5.5% in FY18. Now, the impact farm-loan waivers would have on rural credit offtake and Farmers should attract the immediate attention of policymakers and academics. Note, credit is a critical resource for farming households in carrying out crop production, meeting consumption and pecuniary expenses. More than 85% of India’s More »

An outstanding alternative to farm loan waiver -Suman Layak

parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent Farmers, facilitated agreements between the borrowers and lenders, and helped some Farmers move into other professions as a long-term solution. Neighbouring US was also affected by agrarian crisis during thi

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An attempt to understand and contextualise farmer suicides -MS Sriram

rian distress and farmer suicides. However, there have been some arguments that seem to paper over the problem and get into comparisons—that the people who committed suicide just happened to be Farmers; that they were not poor; that (as argued by Shamika Ravi of Brookings India) the suicides of housewives are higher than that of Farmers; and that, as argued in a recent article in Mint, the idea of deb

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The safety net of the future -Pranab Bardhan

This is, of course, a bad idea not just because it plays havoc with the banking culture (just as that of loan waivers for corporate defaulters does), but most of it goes to help the middle and large Farmers (more than two-thirds of our Farmers are marginal Farmers with less than 1 hectare of land, who take only 20 per cent of institutional loans, and owe the res

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