-The Hindu Business Line Farmers’ organisations have threatened to disrupt the functioning of Agriculture Produce Market Committees (APMC) in Maharashtra if the Centre sticks to its stand of prohibiting onion exports and imposing limits on stocks. Farmers in the onion hub of Nashik said that they would agitate against the government’s decision as farmers are facing the brunt. With onion prices rising, the government had on Sunday prohibited exports until further notice and...
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It's a fact. We don't want farmers to get rich -Zia Haq
-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulturist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...
More »After seeking import, Union govt slaps steep export charge on onions -Parthasarathi Biswas
-The Indian Express The steep MEP will, in a way, stop all outbound shipment of onions from India. THE UNION government on Friday slapped a steep Minimum Export Price (MEP) of $ 850 per tonne on onions, virtually putting brakes on the export of the produce. This is the first time that a MEP has been imposed on onions this year. Simply put, henceforth exports will not be allowed if the consignments...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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