-BusinessWorld.in There simply are no easy solutions to the crisis in Indian agriculture, a product of decades of neglect and poor policies It is quite macabre, really — the barely concealed glee that seems to course through liberal analysts and intellectuals whenever it looks like Prime Minister Narendra Modi is heading for trouble. Macabre, because as the latest series of protests and events centred around farmers show, it is as ghoulish as...
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Govt not to hike issue price of foodgrains under NFSA for 1 more year: Paswan
-PTI New Delhi: The government has decided not to hike the prices of foodgrains sold under the food law via ration shops for one more year. Under the National Food Security Act (NFSA), which was passed in 2013 during the previous UPA regime, there is a provision for revision of the issue prices of foodgrains every three years. At present, the government supplies highly subsidised foodgrains at Rs. 1-3/kg to over 81 crore...
More »Demonetisation apart, cheaper imports too hit the farm sector -Tejinder Narang
-The Financial Express The current agitation of farmers on cereal, oilseeds and vegetables has attracted a lot of analysis with regards to the causes. Many such analyses have converged on low hikes in MSP in the last three-four years as the major cause, and the general public also believes so. Stocking limits, poor warehousing facilities, export bans, lack of a properly developed food processing industry and free trade in commodity exchanges...
More »Food safety authority's draft amendments include fatty acids composition in edible oil -Meenakshi Verma Ambwani
-The Hindu Business Line New Delhi: In a bid to curb misleading claims and adulteration in edible oils, the Food Safety and Standards Authority (FSSAI) has notified a draft regulation that sets standards for the permissible composition of fatty acids in various types of edible oils. The amendments in the regulation have been introduced at a time when edible oil companies have been increasingly looking at launching blended oil products to woo...
More »Delayed impact
-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...
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