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Demonetisation: How the cash crisis can be used to tame rural commercial capital -Pravesh Sharma

-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...

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When cash vanishes: A double-whammy -Parthasarathi Biswas

-The Indian Express Farmers are facing the heat from both collapse of demand and inability to purchase inputs post-demonetisation. Junnar (Maharashtra): The last one week and more has brought nothing but bad news for Vasant Pimpale. This farmer from Pargaon Tarfe Ale, a village in Pune district’s Junnar taluka, has already lost 11 tonnes of green chilli grown on eight out of his 15-acres holding. The loss hasn’t been courtesy drought, flood...

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Delhi poultry traders brace for bird flu hit, say mutton prices may go up -Sweta Goswami

-Hindustan Times New Delhi: The poultry market in Delhi is bracing for major losses as demand for chicken has begun to fall after the government on Wednesday confirmed bird flu cases in the capital. As a consequence, mutton prices may spike. For poultry suppliers, the timing of the outbreak couldn’t have been worse as their sales had just started picking up after the lull during the Shravan period in July-August. “As soon as...

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How Maharashtra is changing the way farmers sell their produce -Abhiram Ghadyalpatil

-Livemint.com Maharashtra’s farmer-to-consumer markets and APMC reforms are changing the state’s agriculture sector, long-burdened by economic and political pressures Mumbai: These days, Lata Arun Dimble is out at 8am in her farm in Khed Shivapur. Along with husband Arun and son Ajit, she picks brinjal, tomato, chilly, cucumber, spinach, radish, bitter gourd, cabbage, cauliflower, and green peas. By 11am, the vegetables are loaded onto a mini-truck her husband owns. It’s the same story...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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