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Lessons from Rs 2 – Rs 100 Tomato pendulum

-The New Indian Express The steep fluctuation of prices in a crop whose consumption and cultivation cycles are well documented speaks volumes about the patchy intervention measures taken over the years. The retail price of tomato has hit a high of Rs 100 per kg in Tamil Nadu just a couple of months after prices dropped to as low as Rs 2 per kg. There were reports from across the state about...

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Strong demand may bring down closing stock of major farm goods by FY23-end -Sanjeeb Mukherjee

-Business Standard Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time By the end of this financial year or perhaps even earlier, depending upon the crop cycle, India might be staring at a multi-year low closing inventory levels of several key farm commodities. Stocks of sugar, wheat, cotton and oilseeds both, with traders and...

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A New Paradign for Indian Agriculture: From Agroindustry to Agroecology (2022) -Neelam Patel, Bruno Dorin, and Ranveer Nagaich

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

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'Silent Majority' Supported the Three Farm Laws: SC-Appointed Committee Report

-TheWire.in (with PTI inputs) Anil Ghanwant, one of the three members of the committee, made the report public on Monday. Mumbai: Barely four months after Prime Minister Narendra Modi announced the repeal of the three farm laws which fanned protests across numerous sites in India, and only a few days after the Uttar Pradesh legislative assembly results, the report of the Supreme Court-appointed committee on farm laws has been released in the...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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