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Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal

-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...

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Behind the success of every Jasauti farmer is a lady’s finger-Mohammed Iqbal

-The Hindu Jaipur: The nondescript Jasauti village in Pahari tehsil of Bharatpur district, situated at the Rajasthan-Haryana border, has emerged as the "Bhindi Gaon" (village of lady's fingers), sending over a dozen vehicles with the popular vegetable everyday for six months in a year to Gurgaon and Delhi. Eighty per cent of agriculturists in the village are engaged in the farming of lady's fingers. The transformation in both the social and...

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Support vs procurement

-The Business Standard How to fix the agricultural pricing mess The government's move to get the mandate of the Commission for Agricultural Costs and Prices (CACP) reviewed afresh by an expert panel needs to be viewed in a broader perspective - one that weighs political populism against economic logic. It has been argued that minimum support prices (MSPs) have been raised often - and supposedly partly for political reasons - during the...

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Reforms’ unintended fallout -Ashoak Upadhyay

-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...

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NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh

-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...

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