-The Times of India NEW DELHI: The government seems to be facing another onion crisis. If just a month ago it was scarcity and high prices that forced the government to almost stop export, this time abundant production and crashing prices is likely to cause unrest among onion growers ahead of the general election. There were reports of farmers halting business in Nashik on Tuesday as the wholesale price touched Rs 9.5...
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Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Nashik farmers halt biz as onion prices drop to Rs 9.5 -Nanda Kasabe
-The Indian Express Pune: Angry farmers in Pimpalgaon Baswant, the biggest onion trading market in Nashik after Lasalgaon, brought business to a complete halt on Monday after average wholesale prices fell to R950 per quintal. Last week, farmers had threatened to disrupt markets if prices fell below the R1,000-per quintal mark. Farmers blocked the Mumbai-Agra highway in the morning, halting traffic for the entire day. Their demands are removal of the minimum export...
More »India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »Why beg at Bali? -Uttam Gupta
-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...
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