Publish button
Download
Login to download. Need an ID and password? Register now!
 WIRTSCHAFT: Indiens Farmenkrise infographic

Indiens zunehmende Farmenkrise

10/08/2018
Graphic News

October 8, 2018 -- Rekordpreise für Treibstoff und die rasant steigenden Kosten für Dünger treffen Indiens 263 Millionen Farmer und Landarbeiter, die rund die Hälfte der Bevölkerung von Indien ausmachen.

The hike in import costs could not have come at worse time for farmers, already hit by lower crop prices following abundant harvests.

Prime Minister Narendra Modi also faces an election next year and needs the support of India’s farmers who voted overwhelmingly for him in 2014. A fall in rural incomes risks jeopardising their support next year.

Diesel prices have surged 18 per cent while the Indian rupee has fallen by 16.1 per cent, to an all-time low against the dollar, since January.

Meanwhile, the impact of a weak rupee has caused prices of essential fertilisers such as potash and phosphates to surge. Import costs have jumped by more than 11 and 13 per cent respectively since May -- India imports all its potash and 90 per cent of its phosphate needs.

Agriculture accounts for about 16% of India’s $2.6 trillion GDP.


Welcome to Graphic News

If you are new to Graphic News there is a Website Guide to help you find your way around.



Cookies