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Why restrictions on stockholding and export of pulses must go -Harish Damodaran

-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...

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To clamp down on black money, govt set to ban cash transactions over Rs 3 lakh -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: The government is set to ban cash transactions over Rs 3 lakh as it seeks to clamp down on black money in the economy following recommendations from the Supreme Court-appointed Special Investigation Team. The government, however, is yet to decide on the SIT's other proposal to bar cash holdings over Rs 15 lakh due to opposition from trade and industry, sources told TOI. "There are concerns...

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INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...

Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...

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Sugarcane worsened Marathwada water crisis? Dismantling cane economy will not be painless -Vivian Fernandes

-The Financial Express Dismantling cane economy will not be painless, shift crop to drip irrigation Opinion-makers, from agricultural economists and academics to environmentalists, have blamed sugarcane for aggravating the water shortage in Marathwada. But the view is contested. ‘I reject the hypothesis,’ says Venkat Mayande, during a conversation in Pune. Mayande was vice-chancellor of Akola’s Panjabrao Deshmukh Agricultural University till 2012. How can 2.1 lakh hectare (ha) of cane cause a shortage of...

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Clearing the air on LPG -Siddharth George & Arvind Subramanian

-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...

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