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Paddy Prices Have Crashed Below MSP in Many States -Subodh Varma

-Newsclick.in This is because the new farm laws have already paralysed mandis and traders are buying up paddy at lower prices. Even as farmer protests against the three new farm laws entered the 17th day, information available for mandis (wholesale markets) shows that a large proportion of this year’s paddy crop is being bought from farmers at much below the government declared Minimum Support Price (MSP). This could be attributed to the...

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How India plans to ensure safety and efficacy of covid-19 vaccines -Neetu Chandra Sharma

-Livemint.com India has adopted a cautious approach in granting approval to covid-19 vaccines as fast tracking, safety and efficacy remain primary concern NEW DELHI: Safety and efficacy are the primary concerns of the government while granting emergency use authorization (EUA) to any covid-19 vaccine in the country. The government's cautious approach before approving a vaccine is apparent. The meeting of the subject expert committee of Central Drugs Standards Control Organisation on Wednesday asked...

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Where Are Official Statistics on Employment? -KR Shyam Sundar

-Newsclick.in The government must analyse its existing data collection exercises, rationalise them and improve the inefficient statistical administration. It is good news that the Labour Bureau will revive its establishments-based Quarterly Employment Surveys or QES, using a larger sample. Since the Periodic Labour Force Surveys or PLFS collects data from households, the proposed quarterly survey of jobs will collect data from establishments. But it is advisable to review the multiple existing employment...

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Farmers Denied Rs 1,900 Crore Due to Sales Below MSP in Last Two Months -Kabir Agarwal and Dheeraj Mishra

-TheWire.in The Wire's analysis reinforces the fact that the announcement of MSP for most crops remains mostly on paper as farmers are rarely able to sell it for these prices. New Delhi: If the government’s minium support price (MSP) programme helped in properly creating a minimum floor price, farmers across 11 major agricultural states would have, on average, earned almost Rs 1,900 crore more by selling their produce. According to The Wire’s analysis...

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CEA Subramanian asks NSC to make junked consumer spending report public -Somesh Jha

-Business Standard The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18. Chief economic advisor (CEA) Krishnamurthy Subramanian has asked the National Statistical Commission (NSC) to make public the 2017-18 consumer spending survey data. “The government had decided to not release the consumer expenditure survey report. But, earlier this year, NSC Chairman Bimal Kumar Roy received a...

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