-TheWire.in While self-sufficiency has been baked into how India has historically looked at the agriculture sector, long-term planning is the need of the hour. In his address to the nation on May 12, 2020, the Prime Minister gave a call for Atmanirbhar Bharat Abhiyan. He said that the state of the world today teaches us that an Atmanirbhar Bharat is the only path and our scriptures mention eshah panthah, self-sufficient India. For agriculture,...
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The silver lining in India’s export performance -howindialives
-Livemint.com/ howindialives.com The recovery of India’s foreign trade from the pandemic is patchy. But it’s better in exports than in Imports On 15 Aug, standing on the Red Fort ramparts, Prime Minister Narendra Modi reiterated his government’s economic vision of self-sufficiency, adding that India would aim to become the supplier to the world. A day earlier, India had reported its latest trade numbers, and for the second successive month, India’s goods exports...
More »Agri industrialisation is need of the hour, and this calls for focus on secondary agriculture -Ashok Dalwai
-The Financial Express In part one of this article (Secondary agriculture is of primary importance; August 10; https://bit.ly/31H0h0E), the need to expand the market range both horizontally (territorial extension) and vertically (functional expansion), as also the role of agro-processing in achieving the latter in particular, were discussed. In this part, the article dwells upon promoting secondary agriculture on the shoulders of food and non-food processing. Current status of agro-processing The processing sector in...
More »Why India’s trade surplus is a warning signal -Parthapratim Pal and Partha Ray
-The Hindu Business Line Despite the lockdown, India’s trade balance in April and May turned positive. This has been achieved by a sharper decline in Imports, pointing towards a contraction of demand in the real economy The RBI has released India’s balance of payments data for the fourth quarter (January-March) of 2019-20. It shows that during this quarter, India has managed a small current account surplus which is around 0.1 per cent...
More »The myth of India’s import dependence -Rathin Roy
-Business Standard/ NIPFP In the wake of the growing military tension on the India-China border, there have been calls for boycott of Chinese products. These have little impact on strategic reality. Equally, the plea that India cannot afford to do without Chinese Imports is not a truism. If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade. How would the Indian economy be hit...
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