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Farmers sell pulses at a loss as wholesale prices dip below MSP -Sayantan Bera

-Livemint.com Wholesale prices of just-harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output New Delhi: Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. For instance, price data from wholesale markets available on the Agmarket website showed that on...

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Demonetisation: The chronicle of a failure foretold -C Rammanohar Reddy

-Scroll.in Because the exercise was doomed to fail in its primary objective of rooting out black money, the government kept changing its aims. We have travelled a long way from November 8, 2016, when Prime Minister Narendra Modi told us that the black money held in Rs 500 and Rs 1,000 currency notes would become “worthless pieces of paper”. Now, we are told by the finance ministry that the government expected...

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As money flowed back in, how goalposts were shifted -Manoj CG & Ravish Tiwari

-The Indian Express A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts. New Delhi: “Tab (previous UPA) aawaz uthti thi ki kitna gaya, ab aawaz uth rahi hai ki kitna laye. Isse bada jeevan ka santosh kya ho sakta hai…Yahi toh sahi kadam hai…Woh zamana tha tab...

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Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran

-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...

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Indian seafood exporters may go under scanner in EU, exports to be impacted -Nirmalya Behera

-Business Standard EU commission is dissatisfied both with non-compliance and lack of progress by Indian authorities Bhubaneswar: Indian seafood exports may come under inspection in the European Union (EU), the third-largest market of India, because antibiotics are being frequently found in them. Speculation among UK importers is rife that the EU is considering a ban on aquaculture products from India though there is nothing to support this. In 2016-17, the European Union accounted for...

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