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Scale Neutrality in Indian Agriculture -Srijit Mishra & Kaushiki Singh

-Working Paper No. 75, July 2019, Nabakrushna Choudhury Centre for Development Studies, Bhubaneswar This study looks into four broad questions on smallholder agriculture, that is, the marginal and small farm sizes that constitute more than 85 per cent of the operational holdings in India. Are returns to smallholder agriculture sustainable? Is the smallholder agriculture efficient? Does the smallholder have access to formal sources of credit? Is credit provided by formal sources...

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Will the budget actually benefit farmers? -Jayati Ghosh

-The Telegraph There are enormous questions about implementation, and the first issue is that of identifying the farmers Everyone expected the Narendra Modi government to do something big — or at least promise something big — before the general elections. Everyone also sensed that it would be something to do with farmers, one of the economic and social concerns that have now also become a political talking point. But perhaps no one...

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Budget 2019: Farmer payout Rs 6,000 won't cost much but won't mean much either -Harish Damodaran

-The Indian Express Under the Pradhan Mantri — Kisan Samman Nidhi scheme, all farmers cultivating up to two hectares (5 acres) will get direct income support of Rs 6,000 annually, payable in three equal instalments of Rs 2,000 each. Work out the basic arithmetic of a farm’s expense — fertiliser, machinery, fuel, seeds — and an annual Rs 6000-payout, an average of Rs 16.40 a day, doesn’t add up to much. In...

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There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana

Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his...

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Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh

-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...

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