-The Indian Express The export-import policy for farm products needs to be consistent and predictable Sal seeds are obtained from Orissa-based tribals for money that would not compensate them for even the cost of a bus ride to the state capital Bhubaneswar. The produce is, however, valuable as it is converted to sal seed butter, used in Europe by the chocolate industry. But one of the world’s fastest-growing chocolate markets, India, does...
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Politics aside, is Gujarat a great growth story?-Bibek Debroy
-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...
More »A dangerous intervention
-The Business Standard Skimmed milk powder 'buffer' might raise prices The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Commerce ministry to move cabinet note to check export ban on processed food-Amiti Sen
-The Economic Times The commerce ministry will soon move a Cabinet note seeking to allow unrestricted exports of processed food, as it tries to skirt frequent squabbles between ministries over export of farm products. "We have just started working on the note following discussions on the issue with key ministries, including that of food processing," an official told ET. The note will be circulated to all ministries concerned for their comments, the...
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