-FirstPost.com The rollout of the goods and services tax (GST) starting 1 July has created a panic situation for the fertiliser industry mirroring a similar state of affairs a few weeks earlier with the consumer staple and home appliance manufacturers. An estimated 65 lakh tonne (lt) of bagged fertiliser material worth around Rs 9,500 crore already has the existing maximum retail price (MRP) printed on it. With the rise in GST rates,...
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Mandsaur, the farmers' story -Shiv Visvanathan
-The Hindu Information has not graduated to storytelling to dent the regime’s idea of agricultural policy I remember years ago the Delhi School of Economics had many great scholars visit the campus. They talked passionately and knowledgeably not just about the subject but about knowledge as a vocation. One of the most memorable of these performances was by Teodor Shanin, the economic historian WHO also edited Peasants and Peasant Societies. He talked...
More »Farmer protests: Over-reliance on a single crop has cost them dear -Mihir Shah
-Hindustan Times India needs a paradigm shift in agriculture for economic and ecological sustainability Whenever flashpoints are reached, such as the current farmers’ agitation, there is a clamour for immediate palliatives. This is understandable, as those in acute distress need relief. But what we must not overlook are the profound possibilities of reform that such crises open up. Take Madhya Pradesh (MP), the epicentre of the agitation, which best exemplifies the required...
More »Kharif planting: Farmers reduce area under pulses -Sayantan Bera
-Livemint.com Farmers across the country choose cotton and sugarcane over rain-fed pulses like arhar and moong which saw a collapse in their WHOlesale prices in 2016-17, shows data New Delhi: Following a collapse in WHOlesale prices of rain-fed pulses like arhar and moong over the past six months, farmers across India have reduced planting of these varieties, data on Kharif sowing released by the agriculture ministry on Friday shows. Simultaneously, farmers have...
More »Is WPI useful in India anymore? -Barendra Kumar Bhoi
-The Hindu Business Line Using just WHOlesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction of the all-India Consumer Price Index, popularly known as CPI combined (rural plus urban), the WHOlesale Price Index (WPI) was the most useful price index in India. It measured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed...
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