-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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Paddy Profit Nosedives, Farmers Driven to Brink -Siba Mohanty
-The New Indian Express BHUBANESWAR: In a State where agriculture continues to be the mainstay of livelihood for the majority, the spate of farmer suicides has not really come as a surprise. Or has it? With agriculture turning into a non-remunerative business and State’s farm sector remaining largely rain-fed, climatic changes have been sounding the warning bells but the Government saw no danger. Its self-assuredness that minimum support price (MSP) only is...
More »The pulses crisis: why reinvent the wheel? -Roshan Kishore
-Livemint.com The shortfall in pulse production is expected to be around 2 million tonnes this year Under siege over sky-rocketing pulse prices, especially when the crucial Bihar elections are underway, the Centre initially blamed the state governments for the situation at hand for failing to crack down on hoarders. According to news reports, more than 80,000 tonnes of pulses have been recovered in raids across states in the last week or...
More »Incentivize pulses production to check spiralling prices
The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...
More »Price stabilisation fund for pulses can keep consumer budget in check
-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...
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