ISSUE POSTS

In her recent 2020 budget speech, India Finance Minister Nirmala Sitharaman announced a 16-point agenda to kickstart growth in agriculture and farmers’ income. While the agenda makes sense, following the money presents a disconcerting prospect. Less than 10% of the $30 billion budgeted for agriculture will support capital formation or R&D. Economies can’t grow without investment and innovation. This budget provides money for neither.

BY DEEPAK VARSHNEY, ANJANI KUMAR, P.K. JOSHI AND DEVESH ROY India’s Pradhan Mantri Kisan Samman Nidhi program, known as PM-KISAN, announced in Dec. 2018,

BY Sunil Saroj, Devesh Roy and Mamta Pradhan One of the great examples that economists give on the power of

BY MANMEET AJMANI, VISHRUTA CHOUDHARY AND DEVESH ROY In November, India decided to opt out of the Regional Comprehensive Economic Partnership (RCEP), the world’s newest and

On Sept. 23, the Bill & Melinda Gates Foundation, the World Bank, the United Kingdom, the Netherlands, the European Commission, Switzerland, Sweden, and Germany announced commitments of more than $790 million to address the impact of climate change on food and agriculture. These commitments followed a recent call by the Global Commission on Adaptation, led by Ban Ki Moon, Bill Gates, and Kristalina Georgieva, for increased resource allocations to international agricultural research. Specifically, the Commission called for a doubling of investments in CGIAR, the organization best known for fostering Asia’s green revolution. (IFPRI is a member.)

Paul Dorosh and John Hoddinott Note: Join us July 10 as the authors and other participants discuss their survey of