The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »WTO, not the Third World, has to answer on food security -Roshan Kishore
-Live Mint India's stand at WTO should be seen in the context of the persistent discrimination against Third World countries by advanced countries In the ongoing debate about agriculture and food security, India has been accused of having acted in a dogmatic manner for refusing to ratify the trade facilitation agreement unless its food security concerns are addressed in the World Trade Organization (WTO). However, this issue and India's stand have to...
More »Why we still need the APMC laws -Madan Sabnavis
-The Business Standard States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer One of the issues often raised in the context of high food inflation is the pressing need to change the Agricultural Produce Market Committees (APMC), the marketing boards established by state governments. The earlier United Progressive Alliance government had asked the Congress-ruled states to remove fruit...
More »Why a national agri market is needed -Hema Yadav and Shalendra
-The Hindu Business Line It has potential to curb inflation and ensure competitive prices to growers The agricultural marketing system in the country has come a long way since Independence. It has moved through various stages such as regulations and reforms. Now, the time has come to establish a barrier-free market operating beyond State boundaries. A National Agricultural Market with potential to curtail inflation and ensure competitive prices to producers has also been...
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