Harish Damodaran

Profile

Low interest rate party over: Here is why top banks hiking MCLR is not good news
Thu, Mar 01, 2018

Significantly the MCLR increases – which would ultimately translate into higher equated monthly installments or EMIs for home-loan and other borrowers – come even without the RBI hiking its benchmark repo or overnight lending rate.

Delayed over availability of computer tabs, livestock census may begin in July
Sun, Feb 25, 2018

The main reason that the 20th Livestock Census — a once in five years, nationwide headcount of livestock as well as poultry, dogs and rabbits — could not be undertaken as per schedule in 2017 was, ironically, the Centre’s Digital India initiative.

Growing tomatoes: A gamble on the market
Thu, Feb 22, 2018

Tomatoes from Kolar are even exported to countries like Dubai and Bangladesh.

Breeding for the market: Private sector’s Green Revolution
Thu, Feb 22, 2018

India’s vegetable production has doubled since the start of this century; the credit for it goes mainly to private seed companies.

In Karnataka Cauvery belt, farmers ’50 per cent happy’ with Supreme Court ruling
Mon, Feb 19, 2018

The farmer leader, Puttannaiah, who is also a sitting Independent MLA from Melukote Assembly constituency in Mandya, termed the latest ruling as “partial justice” to upper riparian states.

Minimum Support Prices: When politics beckons
Thu, Feb 15, 2018

This cost includes all paid-out expenses incurred by the farmer — on seed, fertiliser, pesticide, fuel, irrigation, hired labour and other inputs — plus an imputed value of unpaid family labour.

Beyond the News: Why light showers now bring good news for farmers
Tue, Feb 13, 2018

Minimum temperatures are likely to come down by 2-3 degrees Celsius in Northwest, Central and Western India over the next 48 hours, the IMD said.

Monsanto’s Bt cotton tech to be royalty-free?
Thu, Feb 08, 2018

The MSP for a 450-gram packet of Bt cotton seeds is now Rs 800, of which Rs 49 is the royalty (“trait value”) on Bollgard-II (BG II), the proprietary technology of the US life sciences major Monsanto.

Agriculture: Union Budget promises MSP 50% above cost, doesn’t define which cost
Sat, Feb 03, 2018

Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub.

Union Budget 2018: Assurance on MSP but for govt, rural is more about infrastructure than agriculture
Fri, Feb 02, 2018

All that is stated in Finance Minister Arun Jaitley’s speech is that the “Niti Aayog, in consultation with central and state governments, will put in place a foolproof mechanism so that farmers get adequate price for their produce.”

Union Budget 2018: Fertiliser subsidy may slip on rising oil prices
Fri, Feb 02, 2018

Even for the current fiscal, the Centre had budgeted a figure of Rs 70,000 crore, which has, however, been slashed to Rs 64,973.50 crore in the revised estimates (RE).

Breaking down the Budget in 20 questions
Fri, Feb 02, 2018

Union Budget 2018: The most anticipated event of the Indian financial calendar is over. What political and economic message has the Budget sent out? The Indian Express cuts through the fog.

Why Arun Jaitley seems to be falling short of expectations on farm sector
Thu, Feb 01, 2018

Union Budget 2018: The favourable tax treatment for farmer producer companies is a good move. Though details are awaited, hopefully these entities will be exempted from tax. If income of farmers is exempt, the same should extend to farmer-owned organisations as well.

Budget 2018 explained: ‘Arun Jaitley’s last budget has no creative incrementalism on show’
Fri, Feb 02, 2018

Arun Jaitley's Union Budget 2018 EXPLAINED: Here's what our experts — National Editor, Policy, Shaji Vikraman; National Editor, Rural Affairs, Harish Damodaran; Associate Editors Anil Sasi and Sandeep Singh — think of Jaitley's budget. 

Modi govt’s last full Union Budget: Five things to look out for
Thu, Feb 01, 2018

UNION BUDGET 2018: As Finance Minister Arun Jaitley rises to present the last full Budget of the NDA government, here’s a route map to negotiate the Budget speech.

In Fact: Global interest rates rising, it’s time to watch bond, not stock, markets
Mon, Jan 29, 2018

What happens at the meeting of the Fed’s Open Market Committee on January 31 will matter to the Indian economy almost as much as Finance Minister Arun Jaitley’s Budget on February 1.

Cane arrears crisis again as sugar prices crash
Thu, Jan 25, 2018

UP mills have in the current 2017-18 sugar season (October-September), as on Wednesday, bought cane worth Rs 15,481.73 crore at the state advised price (SAP) of Rs 315 per quintal for normal and Rs 325 per quintal for early-maturing varieties.

Global crash, local glut hit Gujarat milk market
Tue, Jan 23, 2018

Dairy farmers in Gujarat, till recently, were relatively insulated from the crisis faced by those growing cotton, groundnut or potatoes.

Agriculture growth stumbles despite higher rainfall in 2017
Thu, Jan 18, 2018

The agriculture ministry’s data, too, shows a drop in crop acreages this time, both in the kharif and the ongoing rabi planting seasons.

Govt builds on Pradhan Mantri Awaas Yojana to lessen rural distress
Wed, Jan 17, 2018

If achieved, the 54 lakh rural houses to be built under central schemes in 2017-18 will be far higher than the 32.24 lakh in 2016-17, 18.24 lakh in 2015-16, 11.89 lakh in 2014-15, 10.49 lakh in 2013-14 and 10.47 lakh in 2012-13.

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