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An APMC tale: why market design matters -Niranjan Rajadhyaksha

-Livemint.com The APMC legislation has in effect created fragmented markets—small trading zones that can quite easily be captured by trader cartels Makeshift markets have sprung up in several cities in Maharashtra over the past few weeks, after the state government led by Devendra Fadnavis allowed farmers to sell vegetables and fruit directly to consumers. They are now allowed to bring their produce directly to cities rather than sell them in markets...

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Government presses on with Aadhaar in ration system despite glitches, delayed food law -Anumeha Yadav

-Scroll.in By March 2017, Aadhaar will be mandatory for food benefits even as fingerprint authentication problems persist, and rules on grievance redress are missing The National Democratic Alliance government has asked the states and Central ministries to link the details of all beneficiaries of its social welfare schemes with Aadhaar, a biometric-based unique identity number, by March 2017. On September 14, the Unique Identity Authority of India – the agency that manages the...

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No feel for the pulse -Ashok Gulati & Siraj Hussain

-The Indian Express The government has failed to provide the right incentives to farmers India’s quest for self-sufficiency in pulses goes back, at least, to 1990-1991, when pulses were incorporated in the technology mission on oilseeds. In 1992, and 1995-1996, oil palm and maize were added to the mission, which was re-christened the Integrated Scheme on Oilseeds, Pulses, Oil palm and Maize (ISOPOM). In 2007, ISOPOM’s pulses component was merged with...

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Out of essentials list, prices of 100 drugs may increase by 10% -Sushmi Dey

-The Times of India NEW DELHI: Prices of around 100 medicines, including those for Alzheimer's, diabetes and hypertension, could rise by up to 10% after they were removed from the national list of essential medicines. Though the move is likely to impact consumers, it comes as a relief to drug makers reeling under stringent price regulation for over a year. Overruling a previous order by the drug price regulator, the Centre has...

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Why has inflation moderated in India? -Sajjid Z Chinoy

-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...

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