The Year of the Rabbit, according to the Chinese calendar, began on Sunday, January 22.
But the measures, particularly in agriculture, may not be enough to revive the sector and double the farm income, says S Mahendra Dev.
Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
The locusts initially entered Rajasthan from Pakistan and from there the swarms moved towards Madhya Pradesh, Haryana, and Punjab over the last few weeks and are now threatening to enter Uttar Pradesh, putting at risk the summer crop.
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
He conveyed India's position to visiting Director General of the Food and Agriculture Organization Jose Graziano da Silva whom he urged to take the lead in protecting the interests of the poor and farmers at the World Trade Organisation.
India needs to make use of this opportunity to significantly enhance its exports especially in information and communications technology and the automotive sector.
Food and Agriculture Minister Sharad Pawar on Thursday said the country's sugar output in the current season could exceed 16 million tonnes (MT) on the back of improved yields in key growing states.
In a country where 35 to 40 per cent of food is not consumed, the government urgently needs to reduce wastage to an acceptable level.
Data shows that the current system of decentralised marketing and centralised procurement helps Punjab and Haryana farmers the most, while its efficacy in other states has been poor. Experts and farm leaders say success of the laws rests heavily on implementation.
Already, the government has projected a dip in the production of summer foodgrain by 21 million tonnes, triggering fears about further price rise.
It is a difficult problem and will require the Union, state governments and civil society, meaning NGOs, to work together, points out Aakar Patel.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
The farmer representatives were unanimous in seeking repeal of the 3 laws.
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
'Without reviving employment, consumer confidence will not go up.'
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
In a three-page letter written to 40 farmer leaders, Joint Secretary in the Ministry of Agriculture and Farmers' Welfare Vivek Aggarwal said, 'I again request you that the government has been discussing all issues with open heart and good intention to end the protest, and will continue to do so. Kindly suggest a date and time (for the next round of talks).'
VP Ansari thanked Polish leadership for its support to India's bid for NSG membership,
The Congress expressed its 'whole-hearted' support to the 'Bharat bandh' called by farmer unions against the new agri-marketing laws and announced that it will hold protests that day at all district and state headquarters in solidarity with the demands of the farmers. TRS president and Chief Minister K Chandrasekhar Rao said the party rank and file would actively participate in the bandh to ensure it was a success.
'The home minister has made it clear that the government will not repeal the laws. Shah-ji said the government will give tomorrow in writing the amendments which the government is keen to. We will decide about attending the meeting after discussing the written amendments with all 40 farmer unions'
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
'I will be happy if walls are built between India and China!' 'We are going to nooks and corners of the country to make ordinary people realise the need to buy Indian goods so that our workers get jobs.'
While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.
Since 2000, India has had three serious droughts.
MPs will first attend a 'Farm Progress Show' in Iowa, then visit the Monsanto headquarters in St Louis, Missouri.
'In difficult times as now, the call of the village is all that these migrants can hear,' observes Vijaya Pushkarna.
The Supreme Court Wednesday refused to entertain pleas seeking time-bound probe, including by an apex court-appointed commission, into the tractor rally violence in the national capital on the Republic Day saying the government is already inquiring the matter and the Prime Minister has stated that law will take its own course.
The government must expand the farm insurance cover and advice banks and financial institutions to settle crop insurance claims in the drought-hit areas without delay.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
'The Rajapaksas have been in active politics for decades and survived many challenges, but they seem to have misread this one.'
Shot in 2014, these images from across the globe will tell that it is a crazy world out there!
A bench headed by Chief Justice S A Bobde said it would set up the committee which may include experts like P Sainath and representatives of the government and farmers' bodies to look for the resolution of the deadlock over the statutes.
'Today's cricketers are amazing, they know everything, but still you find a few cricketers, they have a talent, but their mind is not there.'
The WTO has fixed an external reference price (ERP) for rice at Rs 3.52 per kg
The relative ranking of castes can vary across regions and localities and depends on a number of factors including control over land, wealth, and political power. Castes have often tried to 'upgrade' themselves (a process sociologists refer to as Sanskritization), and sometimes get 'downgraded'. A revealing excerpt from Upinder Singh's Ancient India: Culture Of Contradictions.
'However, this time it looks like that is not working.'
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.