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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...

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Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14

After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second advance estimates of foodgrain production, which has been released by...

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Budget unmindful of income inequality -MA Oommen

-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...

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Powered by good monsoon, India set for best-ever foodgrain output -Vishwa Mohan & Dipak K Dash

-The Times of India NEW DELHI: Backed by good monsoon and advanced preparedness to reap the benefits of favourable conditions, India is likely to have an all-time record foodgrain production (271.98 million tonnes) in the 2016-17 crop year - a scenario which may not only benefit farmers but also help in further bringing down the price of pulses that was sky-rocketed due to two consecutive drought years. Besides the production of pulses...

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The slow death of Kanpur's leather economy has fuelled UP's job crisis -Abhishek Waghmare

-Scroll.in / IndiaSpend.com Falling global demand, environmental regulations and contemporary cow politics have choked the leather economy of Uttar Pradesh's largest industrial city. Shadab Hussain, 23, dropped out of school at age 11 to work in a leather factory in Kanpur, the oldest and largest industrial city of India’s most populous state. To support his family, parents and four siblings, he worked eight-hour shifts every day for a monthly salary of Rs...

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