-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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Order on pulses stock limit not trade distortion, India tells US
-PTI The issue was raised by the American side during the US-India Trade Policy Forum meeting Washington: India has said that the recent order that removed "stock limit exemptions" for pulses held by importers as part of its effort to address the shortage of pulses and prevent undue hoarding is "not a trade distortion". The issue was raised by the American side during the US-India Trade Policy Forum meeting here after the US...
More »The pulses crisis: why reinvent the wheel? -Roshan Kishore
-Livemint.com The shortfall in pulse production is expected to be around 2 million tonnes this year Under siege over sky-rocketing pulse prices, especially when the crucial Bihar elections are underway, the Centre initially blamed the state governments for the situation at hand for failing to crack down on hoarders. According to news reports, more than 80,000 tonnes of pulses have been recovered in raids across states in the last week or...
More »US plan to mandate FDA audit of farm imports irks India -Amiti Sen
-The Hindu Business Line New Delhi: India has raised serious concerns over a proposed US legislation that will require agriculture imports to be mandatorily inspected and audited by the US Food and Drug Administration (USFDA). New Delhi fears that once the law is implemented — in about a year from now — it will raise costs for Indian exporters sharply, making exports unfeasible in many cases. Commerce Minister Nirmala Sitharaman is expected to...
More »Bad cure for a racing pulse -Ashok Gulati & Shweta Saini
-The Indian Express Scapegoating ‘hoarders’ and ‘speculators’ for the spike in dal prices might have been effective in the 1960s. But today, it is only evidence of a rather sloppy conceptual policy framework. The pulse rate of a normal and healthy human body hovers between 60 and 100 beats per minute. There can be problems if it goes any higher — and a serious threat to life over 200 beats per...
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