-Down to Earth For farmers, trust sells more than organic licence A FOOD SAFETY and Standards Authority of India (FSSAI) official walked into Restore, an organic food store at Kottivakkam in Chennai. He picked up a packet of rice off the shelf and noticed some bugs in it. "How can you sell groceries with bugs?" he asked. The staff told him their customers buy their goods precisely because of the bugs in...
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The next farm downtrend -Harish Damodaran
-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
More »Running on fumes -Paranjoy Guha Thakurta
-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...
More »Decoding the oil price fall -Raghuvir Srinivasan
-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...
More »Slowdown in China, cotton glut may deal Indian farmers a hard knock -Zia Haq and Gaurav Choudhury
-The Hindustan Times India is likely to face a cotton glut this year. The surplus, however, will be of little comfort to suicide-prone and highly indebted farmers, who stare at a sharp drop in earnings - prices are already down 14% compared with last year. The crisis has to do with a slowdown in China, which is forecast to slash by half the amount of cotton it will import this year, most...
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