-Business Standard A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse Following Russia's invasion of Ukraine and amid challenges for global food supply, PM Narendra Modi declared that India was capable of "feeding the world". However, instead of feeding the world, the govt soon restricted...
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Monsoon 2022: Jharkhand Farmers give up on paddy harvest due to scanty rains -Md. Asghar Khan
-Down to Earth Lowest amount of rainfall in the last decade; climate change to blame, says Met Paddy cultivation in Jharkhand this Kharif season has taken a huge hit, with most Farmers expecting a meagre yield. Monsoon 2022 saw a massive deficit in rainfall — the lowest in the last 10 years. “I doubt I can harvest even a kilogramme of yield this year,” Mahendra Prasad told Down To Earth. The farmer in...
More »What’s wrong with crop estimates that were off-mark last crop year -Subramani Ra Mancombu
-The Hindu Business Line Experts say current manual methods are error-prone, moot scientific process The advance crop estimate made by the Ministry of Agriculture and Farmers’ Welfare usually differs between the first and subsequent three ones before it comes out with the final estimate. However, the difference has seldom caused problems in the agricultural markets or led to complaints of not reflecting what the trade has felt is the ground reality. But some...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »Why are Madhya Pradesh Farmers throwing away their garlic crops? -Rakesh Kumar Malviya
-Down to Earth The production of the allium has doubled in the last decade; Chinese, Iranian garlic with larger cloves in greater demand, say Farmers There have been several calls to allow garlic export after several video clips on social media showed Farmers from Madhya Pradesh throwing out or burning their crops, allegedly over low prices of the allium. One clip making rounds showed the crop being dumped into a river, while another...
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