-The Hindu Business Line Farmers want Govt to begin purchasing immediately Bengaluru: As the new kharif moong (green gram) hits the markets in North Karnataka, prices of the pulses crop are trading lower at around Rs.5,100 a quintal, much lower than the minimum support price of Rs.6,975 announced by the Centre. In fact, the prevailing prices in the State are also lower than last year’s support price of Rs.5,575/quintal, growers said, while demanding...
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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...
More »As prices crash, Ramanagaram farmers dump mangoes on the road -MT Shiva Kumar
-The Hindu Ramanagaram (Karnataka): Now it is the turn of mango farmers to dump their produce on the roadside. Mango may be the king of fruits, but its growers are not the kings, at least in the State’s major mango-growing belt of Ramanagaram district as glut in production has resulted in a crash in wholesale prices of the fruit. Such is the depth to which wholesale prices have plummeted that the elite...
More »MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra
-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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