-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...
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Onions bring tears to Maharashtra farmer who earns just Rs 13 after selling over 1.1 ton
-PTI/ The New Indian Express Commissioner agent Rudresh Patil, who procured the onions, said he bought the onions at such a low rate mainly because of the poor quality of the produce. MUMBAI: A farmer from Solapur in Maharashtra managed to earn a meagre Rs 13 after selling 1,123 kilograms of onions, despite winter tending to spike prices of the kitchen staple, leading to a state farm leader declaring such a situation...
More »What will a legal guarantee of MSP involve? -Priscilla Jebaraj
-The Hindu Why are farm unions seeking a minimum support price for all crops? What are the terms of the committee set up to look into their demands? The story so far: After a year-long agitation on the borders of Delhi, protesting farm unions under the banner of the Samyukt Kisan Morcha have achieved their headline demand, namely the repeal of three contentious laws seeking to reform the storage and marketing of...
More »MSP is Insurance Against Anarchy in Future: Economist Sukhpal Singh -Ajaz Ashraf
-Newsclick.in Answers to all the questions you are likely to have about the Minimum Support Price and the controversy surrounding it. Prime Minister Narendra Modi’s hope that his promise to repeal the three new farm laws will have the protesting farmers to promptly fold their tents and leave Delhi has been belied. The farmer unions have instead declared that they are not going to call off their one-year stir until the Union...
More »India resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen
-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone India is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...
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