-The Hindu Business Line Senior Commerce Ministry official says discussions will be conducted before a dispute is filed at WTO Ahmedabad: India is set for another trade face-off with the United States and Canada at the World Trade Organisation (WTO). According to a senior Union Commerce Ministry official, the US along with Canada is likely to raise objection at the WTO opposing quantitative cap on pulses imports. This is separate from the objections...
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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati
-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...
More »Grain populism: As polls near, states embark on aggressive paddy procurement -Harish Damodaran
-The Indian Express Chhattisgarh, Bengal and UP emerge frontrunners in extending MSP-plus support to farmers Call it the impact of the ensuing national elections: Governmental procurement of rice, the country’s largest crop by planted area, looks set to surpass 40 million tonnes (mt) for the time ever in the current marketing year that runs from October to September. That would work out to more than a third of the total projected...
More »The PM-KISAN challenge -Aparna Roy
-The Hindu The top-down, rushed approach of the government in reaching out to farmers is likely to end in failure This year’s Interim Budget is being regarded as a big spread for farmers. The government announced its decision to transfer Rs.6,000 every year directly to 12 crore farmers holding cultivable land up to 2 hectares through the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. While this is a progressive step, is it...
More »How to make Direct Benefit Transfers work for the people -Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar
-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...
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