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Linking farmers to futures market in India -Tirtha Chatterjee, Raghav Raghunathan and Ashok Gulati

-Indian Council for Research on International Economic Relations (ICRIER), Working Paper 383 Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this context since they can procure commodities, aggregate them and ensure that size and...

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The makings of a digital kleptocracy -Reetika Khera

-The Hindu When data is monetised, as the Economic Survey advocates, it becomes toxic and harms public interest Last year, I was denied information requested under the Right to Information Act (RTI) 2005. I had sought the names of agencies empanelled by the Unique Identification Authority of India for an “image makeover” and the expenditure on it. It was denied by invoking the exemption clauses of Sections 8(d) and 8(j), respectively, i.e....

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Migrants aren't streaming into cities, and what this means for urban India -Gregory Randolph and Sahil Gandhi

-Hindustan Times If Indian cities have become successful in turning away migrants, we should see that as the first sign of their demise, not their dynamism. “Stop migration into cities.” These were the words of finance minister Nirmala Sitharaman during last week’s budget speech, even as she — confusingly — called urbanization an “opportunity rather than a challenge.” A call to stop rural-urban migration should alarm, but not surprise us. The FM’s statement...

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Make no mistake: Agriculture alone has the potential to reboot the economy -Devinder Sharma

-National Herald Agriculture, food and Trade Policy expert Devinder Sharma writes: “My understanding is that only agriculture can reboot the economy, sustain millions of livelihoods, and reduce global warming.” At a time when Nobel laureate Joseph Stiglitz says that neo-liberalism is ‘dead and buried’, and the world as a result is increasingly grappling with the gigantic problems of rising unemployment, gnawing inequality and climatic change reaching a tripping point, agriculture alone has...

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Retail policy put on fast track

-The Telegraph The commerce ministry has also formed a committee to address the concerns of stakeholders on the draft e-commerce policy The government plans to come out with a draft national retail policy in the next 10 days amid strong opposition among small traders over the rapid expansion of online retail, led by multinationals, even as they grapple with the computerisation of their operations. The commerce ministry has also formed a committee to...

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