-Hindustan Times The agrarian crisis is one of the factors that may have resulted in the BJP’s loss in three Hindi heartland states of Chhattisgarh, Rajasthan and Madhya Pradesh in December, according to analysts, and the party clearly doesn’t want it to affect its prospects in the 2019 parliamentary elections. New Delhi: This financial year, 2018-19 could end up being the worst year for farm incomes in almost two decades, government data...
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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
More »Farmers package in the works: Income support scheme and interest-free loans -George Mathew & Sunny Verma
-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral...
More »Retail inflation eases to 18-month low in Dec.
-The Hindu Wholesale inflation at eight-month low Inflation in December eased at both the retail and wholesale levels with the consumer price index (CPI) coming in at an 18-month low and the wholesale price index (WPI) registering an eight-month low mainly due to falling fuel prices, according to two separate releases by the government on Monday. Growth in the CPI stood at 2.19% in December, down from the 2.33% registered in November. The...
More »Pulses and Oilseeds: Nafed buy may drop by a third -Prabhudatta Mishra
-Financial Express Forget the fanfare about the PM-AASHA scheme that is designed to lend greater price support to farmers, procurement of pulses and oilseeds by the public sector is likely to drop by more than a third in the kharif 2018 season from the year-ago period. The decline in procurement comes after two consecutive kharif seasons in which it surged and reached a critical mass, compared with very small quantities earlier. Just...
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