-DNA It's been a black Diwali for Vidarbha where six farmers - four from Yavtamal and one each from Akola and Amravati - have committed suicide in the last 24 hours, casting a dark cloud over what should have been a time for rejoicing after the kharif crop. The farmers who ended their lives are Rajendra Chahand of Kelzara village, Dutta Chede of Umari (Pathar), Nagraj Mahadolhe of Parva, Arun Kurnule of...
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SHGs set to buy paddy
-Deccan Chronicle KARIMNAGAR: Swasakhti groups, also known as self-help groups, are set to procure paddy produce this kharif season through Indira Kranthi Patham (IKP) centres. The groups have been playing a crucial role in buying paddy through IKP centers since 2006. Since the introduction of SHGs into the buying process, farmers have been getting hassle-free minimum support price (MSP) to their produce at their doorstep. The district has 55, 330 SHGs,...
More »High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »India's farm sops under lens at WTO -Sidhartha
-The Times of India NEW DELHI: The United States and Pakistan have questioned several of India's farm trade policies, including its land holding laws and the subsidy mechanism at the World Trade Organization, which is the latest assault being faced by the country after it raised the red flag over domestic support to farmers in Bali. Since the Bali ministerial meeting last December, WTO members have repeatedly put the lens on India's...
More »Don’t blame MSP for inflation -Amartya Lahiri
-The Indian Express Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where monetary policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....
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