-Livemint.com/ Bloomberg Global population growth, the main driver of demand increases, is declining, while income growth in emerging economies is projected to be weaker, say OECD and FAO London: Food prices will stagnate over the next decade as the population growth rate declines and income expansion in emerging economies slows. Food costs will stabilize at a level slightly higher than in the years before the 2007-08 price spike, the Organization for Economic...
More »SEARCH RESULT
Rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
More »Tackling poverty in India: In building and agri boom, rural wage lift -Hanan Jacoby and Basab Dasgupta
-The Indian Express Real wages have risen across India in the past two decades, but the increase has been especially marked among rural unskilled workers. Three drivers — falling rural female labour force participation, a construction boom, and favourable agricultural terms of trade — help explain why unskilled rural workers fared better than their urban counterparts or workers with more education. Going forward, in the light of lower agricultural prices and...
More »Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer
-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...
More »Big debate: Doubling of farm income in 6 years -Ajay Vir Jakhar
-The Economic Times blog Prayers have been answered, monsoon has made landfall in Kerala, close to where Vasco da Gama landed in 1498. Potentially, the impact on political fortunes will be no less. This government has promised to double farm incomes in six years and economists argued that this would be impossible because it would entail a 12% annual growth in incomes; unprecedented globally. Starting from such abysmally low farm income...
More »