-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....
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Farm Laws: How Bihar’s Peasantry was Pushed to the Brink after APMCs were Scrapped -Tarique Anwar
-Newsclick.in Eradication of the APMC-regulated mandi system and the entry of private players led the farming community to losing a favourable marketplace. Farmers were left with no option but to sell their produce to private procurers at throwaway prices. New Delhi: The nationwide protests against the three contentious Farm Laws enacted by the Centre has brought Bihar into focus. It is a state where new regulations for agricultural produce and its storage,...
More »What agriculture needs: Risk mitigation -Shoumitro Chatterjee
-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...
More »Amending Few Clauses Not Sufficient, Repeal Farm Acts: Senior Economists to Agri Minister
-TheWire.in The economists, who have engaged with issues of agricultural policy, said that the Centre's reforms were based on "wrong assumptions" about why farmers were unable to get remunerative prices. New Delhi: A group of senior economists have released an open letter to the Union agriculture minister Narendra Singh Tomar calling for the repeal of the three contentious farm bills “which are not in the best interests of the small and marginal...
More »By amending Model Mandi Act, MP has pushed its agricultural sector into throes of uncertainty -Sunit Arora
-The Indian Express The state has posted high growth rates in the agricultural sector in recent years, but the growth has been skewed in favour of the state's irrigated parts and a small number of crops. Madhya Pradesh is primarily an agricultural state. One third of its gross state domestic product comes from this sector, half of the state’s area is used for cultivation, and 70 per cent of the total workers...
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