CNBC TV18 – Online

At the core of the ongoing disagreements on the farm bills is the issue of returns on farming activity, which continue to be dismal. This is, in part, because Indian agriculture is still, unfortunately, plagued by issues of information asymmetry, lack of access to markets and institutional credit, price volatility and fragmented holdings. We believe that a ‘digital infrastructure’ approach could help pave the path forward on these hard issues. From Aadhaar based direct benefits transfer (DBT) subsidies to Unified Payments Interface (UPI) for financial transactions, from a DIGIT platform for urban services to a National Health ID in healthcare, the promise of open digital ecosystems (ODEs), anchored on shared digital infrastructure, can be seen ...

Business Standard – Online

Agriculture and allied activities are estimated to grow at 3.9 per cent in FY22, up from 3.6 per cent in the last fiscal, according to the first advance estimates of national income released on Friday. In current prices, growth is estimated to be 9.1 per cent in FY22, up from 6.6 per cent during the same period last year. This translates into an inflation impact of around 9.1 per cent. The impact, which is sometimes referred to by some economists as a proxy of farmers’ income in the absence of real-time data, was 6.6 per cent in FY21. The gross value added (GVA) in agriculture and allied activities in FY22 is slightly higher than the ...