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Behind the policy and Politics around inflation -Roshan Kishore

-Hindustan Times The Wholesale Price Index (WPI), which acts as a proxy for producer prices, grew 14.23% in November, the highest since April 2012, the earliest period for which WPI data is available under the current series. Retail inflation in India rose 4.91% in November compared with a year ago. The rise was far from unprecedented. And of the 119 months for which data is available under the latest series of Consumer...

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Farmer Leader Launches Political Party To Contest Punjab Polls

-PTI/ NDTV.com Farmer leader Gurnam Singh Chaduni, who was a member of the Samyukta Kisan Morcha, said their aim is to "purify" Politics and bring good people forward. Chandigarh: Farmer leader Gurnam Singh Chaduni on Saturday floated his political party to contest the Punjab Assembly polls next year and batted for opium farming in the state. The farmer leader told reporters in Chandigarh that their aim is to "purify" Politics and bring...

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How feasible is MSP as a legal right? The good, the bad and the impossible -Vivek Kaul

-Newslaundry.com Given that the issue is so political, all nuance has gone out of the window. A deepdive on what the demand actually means for the government and farmers. In her new book Cogs and Monsters—What Economics is and What It Should Be, the British economist Diane Coyle uses the word nuance thrice. She writes that “Politics and nuance are strangers”. And that “the eye of the public is caught, by confident statements...

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What is Public Choice in economics? -Prashanth Perumal

-The Hindu Public choice refers to an economic approach towards the study of Politics. American Nobel laureate James Buchanan, a prominent member of the Virginia school of political economy, characterised the public choice approach to Politics as the study of “Politics without romance.” Public choice theorists assume that politicians and bureaucrats who run the government of a country are self-interested individuals who primarily look after their own selfish interests. This is in...

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Sudha Narayanan, agricultural economist at International Food Policy Research Institute, New Delhi, interviewed by Shoaib Daniyal (Scroll.in)

-Scroll.in We must remember that there is no one such thing as ‘Indian agriculture’ whenever we discuss reforms. Multiple models need to be discussed. On Monday, Parliament cleared a bill to repeal the three farm laws that had gripped Indian Politics for much of the past year. Passed in September 2020, the laws were meant to allow much greater play of corporate capital in Indian agriculture. However, the laws also sparked fears...

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