Demonetisation pangs on Kisan Diwas
Demonetisation creates a cash shortage, consumers are buying smaller quantities of fresh produce, which means permanent loss of demand; not deferred purchase.
Demonetisation creates a cash shortage, consumers are buying smaller quantities of fresh produce, which means permanent loss of demand; not deferred purchase.
Engineering a systematic failure of the rural co-operative banking sector would be an unpardonable desecration that seems to be in the making
Where is the rural logic in development planning is a legitimate question when urban infrastructure has money thrown at it while rural India cries for resources.
Yet another election with the same promises exposes the state of the politicians, surrounded by non-farmer courtiers who cannot even drum up new slogans.
Policies fail because policy-makers do not know the ground realities and do not consult those that know. The GST is a prime example
When the proposed beneficiaries of government schemes are never a part of the planning process, how can plans succeed.
Prayers were answered as the monsoon made landfall in Kerala, close to where Vasco da Gama landed in 1498. Its impact on political fortunes will be just as significant. This government has promised to double farm incomes in six years and economists argued that this would be impossible because it would entail a 12 per cent annual growth in incomes, something that is unprecedented globally.
Food insecurity stems not from insufficient production but from irrational use and inequitable distribution of resources coupled with inaccessibility to food.
Farmers were awarded a pay cut in a drought year while the talk was about doubling incomes. Even as the country celebrates its control over inflation, the farmer remains in the abyss.
Doubling abysmally low farm incomes is not impossible but only if India takes a sensible policy route, ridding itself of legacy contradictions.