-The Indian Express Price and technology-led incentives alone will not help boost pulses and oilseeds production in the country. Indian agriculture is governed by an impossible trinity or “trilemma” that requires it to meet three simultaneous objectives — global competitiveness, social inclusiveness and environmental sustainability — each often at odds with the other two. Official policy has largely tilted towards supporting the first two goals, with token, if not grudging, acknowledgement of...

-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...

-The Hindu The Maharashtra government’s decision to promulgate an ordinance this week to exempt farmers from having to mandatorily sell their fruit and vegetable crop at mandis governed by a 1963 law on marketing farm produce, is a bold and laudable step. That Chief Minister Devendra Fadnavis has stood his ground against the powerful lobby of middlemen, who shut shop in protest, is even more commendable. The problem with the present...

-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...

-The Indian Express NDA’s existing agricultural policies are ill-equipped to achieve the stated goal of doubling them in five years. As the Narendra Modi government completed two years in office, almost each arm of government issued hordes of advertisements celebrating achievements and delineating policies and programmes that were transforming India. The ministry of agriculture and farmers’ welfare came out with a big picture of PM Modi, spelling out 10 points reflecting the...