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Managing India's sugar surplus -N Madhavan

-The Hindu Business Line As the sector pays the price for governments’ populism, it is time for an all new approach Earlier this month, Australia and Brazil dragged India to the WTO for its market-distorting policies on sugar. Their contention was that the subsidies, including the extent of farmer assistance, far exceeded the norms set by the WTO resulting in higher sugar production/exports which dampen the international prices and, consequently, hurt their...

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Swaraj is the kisan's birthright and he should have it -Harish Damodaran

-The Indian Express Agrarian crisis is an opportunity, for the government that assumes office after elections, to enact a law giving farmers the right to sell any quantity of their produce to anybody, anywhere and at any time. The German obsession with sound currency has been conditioned by the collective memory of the Great Hyperinflation of 1922-23, just as American intolerance to double-digit unemployment and stock market crashes is traceable to...

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India's Agriculture Export Policy: Incidence of non-tariff measures increasing, little understanding of existing restrictions -Seema Bathla & Abhishek Jha

-Financial Express For this, there is a need to have scientific research and adequate data to establish a case. The Cabinet approved the first Agriculture Export Policy in December 2018, with the aim to double farmers’ incomes and increase agricultural exports to $60 billion by 2022. The policy also focuses on a stable trade regime, diversify exports by products and destinations, and promote perishables and high value-added products. In fact, a sum...

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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati

-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...

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An appeasement Budget -Puja Mehra

-The Hindu The Interim Budget makes clear the class hierarchy in the Modi government’s scheme of populism Interim Budget 2019 has sought to make amends for all the wrongs of almost five years of the Narendra Modi government. For example, the debilitating impact of demonetisation on the informal sector that employs nearly 90% of the workforce had long been suspected on the basis of anecdotal evidence. The findings of the National Sample...

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