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Why crop prices are falling despite higher MSP, stiffer import tariffs -Rajalakshmi Nirmal

-The Hindu Business Line Surge in production of most crops; demand-supply equation driving prices The Centre’s moves to stop domestic market prices of agri commodities from falling, be it by increasing the minimum support price (MSP), hiking import duty or levying a minimum import price (as in the case of pepper), have not been effective. While market prices do go up in a knee-jerk reaction following the news, they soon revert to...

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Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

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From Plate To Plough: A vision coloured green -Ashok Gulati & Ritika Juneja

-The Indian Express Operation Greens must build forward and backward linkages between farmers and markets. It can learn from Operation Flood. The finance minister announced Operation Greens, on the lines of Operation Flood, with a seed capital of Rs 500 crore in his speech on February 1. Three days later, the Prime Minister backed the scheme at a parivartan rally in Bengaluru. He said farmers are his TOP priority — T is...

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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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Budget steps may not lift rural consumption soon -Ratna Bhushan & Sagar Malviya

-The Economic Times NEW DELHI | MUMBAI: The government's spending in the budget aimed at bolstering rural development and providing higher income for farmers has not increased significantly and it may take at least two quarters to drive growth in the hinterland, consumer goods companies said. More than a third of daily-use branded products are sold in the rural areas, home to about 800 million people, whose purchasing behaviour depends on farm...

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