-Down to Earth At a time when farmers strive to get the right price for crops, more money in their hands can help reignite the country's economy In 2019, three weeks after the kharif harvesting season began, reports emerged that farmers are selling their produce at a price way below the minimum support price (MSP) announced by the government. Except for a few crops like paddy and maize, market prices for most...
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Massive locust invasion threatens Gujarat farmers -Mahesh Langa
-The Hindu Border districts most affected; authorities caught napping despite FAO warning. Ahmedabad: Sharing borders with neighbouring Pakistan, Gujarat is under attack from hoppers — new-born locusts — that have flown in across the international border. As the swarms mature, they have ravaged farms in North Gujarat, devastating farmers in the three border districts Banaskantha, Patan and Kutch. The locusts, known as tiddis locally, have wreaked havoc on standing crops of castor, cumin,...
More »Double trouble: On uneven inflation and sluggish growth
-The Hindu Uneven inflation and sluggish growth present serious dilemmas for policymakers Policymakers face a tricky dilemma as prices in the economy continue to rise even as economic growth has plummeted to well under 5%. Food inflation, now in double-digits, has caused significant pain. The International Monetary Fund on December 23 called for “urgent” policy measures to reverse the current slowdown that has weighed down global economic growth. The warning is timely...
More »Falling employment, low wages and Food inflation -- the rural economy is in pain -Siraj Hussain
-Moneycontrol.com With priorities of the government changing, the agriculture sector is unlikely to see any major initiatives and reforms Inflation based on Consumer Price Index (CPI) for November is further proof that agriculture produces only marginal surpluses. Only last year, observers were worried that the planners were not engaged enough to see that India is now surplus with most agricultural commodities. Please click here to read more. ...
More »What a sharp rise in inflation rate amid spike in Food prices means -Prabhat Patnaik
-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...
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