-Moneycontrol.com To become a reliable exporter, India needs to adopt climate-resilient technologies and a digital system of traceability of agricultural produce The success of the green revolution and the use of technology in agriculture made India a nation surplus in some crops. This enabled India to emerge as a large exporter of rice and sugar. In the following years, wheat was also exported, although Indian wheat was mostly uncompetitive in the global...
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Why was the ban on agri-commodities trading extended? -Subramani RA Mancombu
-The Hindu Business Line The extended ban has affected the turnover of commodity exchanges * What are the agri commodities in which futures trading has been banned by SEBI? SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, wheat, chana (Bengal gram), mustard seed and its derivatives, soyabean and its derivatives, crude palm oil and moong (green gram). * Why were they...
More »India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...
More »What is in store for India’s imports?
There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...
More »Abhijit Sen, Leading Economist of Indian Agriculture, Passes Away
-TheWire.in Apart from teaching at JNU, he was a member of the Planning Commission from 2004-2014 and headed the Commission on Agricultural Costs and Prices, 1997-2000. New Delhi: Professor Abhijit Sen, a leading expert on the rural economy and a former member of the Planning Commission, died here on Monday night after a brief illness. He was 72 years old. In an academic career spanning over four decades, Sen taught economics at Sussex,...
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