-The Hindu Business Line However, PM Kisan Samman Nidhi Yojana will give instant relief to the rural India, improving demand for agri inputs BJP’s election manifesto promised many things for farmers. Now that it is clear that the NDA-led coalition is going to be back in power, companies in the agri space — manufacturers of seeds, fertilisers, agro-chemicals and farm equipment — will stand to benefit. However, do not expect fireworks immediately. Had it...
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Could the single engine driving India crash? Yes, if you go by one of Modi's top guys
-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...
More »Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda
-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...
More »Will Goods and Services Tax help in the doubling of farm income? -P Ravichandran
-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s economy towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...
More »Ramesh Chand, member, NITI Aayog, interviewed by Seetha (Firstpost.com)
-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
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