-Business Standard In the country, wheat, the main rabi foodgrain, has been sown on 29.55 million hectares, almost 1.44 mn ha less than last year Drought in parts of Madhya Pradesh and Rajasthan, and a shift in area towards more lucrative gram, has pulled down wheat and mustard acreage in the current rabi season. This, with low farm-gate prices for a second year, has aggravated distress in rural areas. Water levels in...
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Diesel price at all-time high as crude oil surges in international markets -Gireesh Chandra Prasad
-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...
More »Introducing ragi in the PDS is fraught with challenges -Mamata Pradhan and Devesh Roy
-Hindustan Times Unless consumer preferences shift to climate resistant crops, goals associated with the policy won’t materialise After a gap of three years, the Karnataka government has reintroduced ragi/finger millet in its public distribution system (PDS). To feed the PDS system, the government has announced a procurement price much higher than the market price and introduced bonuses. With interventions on the sides of both production as well as consumption, the objectives are...
More »Reetika Khera, Associate Professor of Economics at IIT-Delhi, interviewed by Surabhi (The Hindu Business Line)
-The Hindu Business Line The government must universalise social security pensions for the elderly, single women and persons with disabilities and also operationalise the maternity entitlement scheme at the earliest, says Reetika Khera, Associate Professor of Economics at IIT-Delhi. In an interview to BusinessLine, Khera argued against the use of Aadhaar for authentication of beneficiaries and said it has “no role in plugging leakages or in the identification of correct beneficiaries”....
More »Every year, farmers lose Rs 63,000 crore for not being able to sell their produce -Richard Mahapatra and Kiran Pandey
-Down to Earth That explains why agrarian riots have increased by over 600 per cent in the last three years Whenever agriculture makes headlines, ironically, they hide more stories of distress. For sixth consecutive year, horticulture (fruits and vegetables) production has outstripped food grain production. Apparently, it is encouraging news given that farmers earn more from vegetables and fruits than food grains. But around the same time, reports of farmers dumping...
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