-Moneycontrol.com The world's biggest rice exporter could see lower production as sowing has been 6 percent lower than the previous season India, the world’s largest rice exporter, could ban exports amid sub-par sowing this season, Nomura said on August 30. “Will India ban rice exports? We think the risk is non-negligible,” Sonal Varma, Nomura's chief economist for India and Asia (excluding Japan), said in a note. “Following the Russia-Ukraine war, soaring maize prices prompted...
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Why don’t Indian fruit sellers make it big despite good profits? Imperfect competition, says study -Nikhil Rampal
-ThePrint.in Study by Nobel laureate Abhijit Banerjee & other scholars from US, UK and Canada found that fresh produce vendors charge high mark-ups but fail to adopt competitive market practices. New Delhi: Anyone who has haggled with a thelewala or streetside vendor in India knows that they often apply big mark-ups on prices and make good margins. Yet, selling fruits and vegetables in India is generally associated with “peanuts” when it comes...
More »Abhijit Sen, Leading Economist of Indian Agriculture, Passes Away
-TheWire.in Apart from teaching at JNU, he was a member of the Planning Commission from 2004-2014 and headed the Commission on Agricultural Costs and prices, 1997-2000. New Delhi: Professor Abhijit Sen, a leading expert on the rural economy and a former member of the Planning Commission, died here on Monday night after a brief illness. He was 72 years old. In an academic career spanning over four decades, Sen taught economics at Sussex,...
More »Fuelling problems: India’s poor are being forced to return to unclean cooking fuels; here’s why -Seema Prasad
-Down to Earth With LPG prices crossing the Rs 1,000-mark, the poor now have to make unfair choices about their basic standard of life Farm labourer Mahadesha from Karnataka, groundnut farmer R Chandrashekharreddy from Andhra Pradesh, homemaker Geeta from Haryana and slum dweller Naresh from Ghaziabad are facing the same dilemma. The cost of a liquified petroleum gas (LPG) cylinder has crossed over Rs 1,000 on the back of regular price revisions...
More »Foodgrain Blues: PDS Allocation Dips, prices Rise -Subodh Varma
-Newsclick.in Meanwhile, output has also dipped due to weather ravages, which hints at tough times in coming months. Strange as it may sound but rice and wheat allocation for distribution through various welfare schemes has been steadily dipping in the past several years. It is strange because the population is growing and even the Supreme Court has urged the Central government to revise its population norms for food grain allocation since these...
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