-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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Mandi prices of key rabi crops above MSP on strong demand -Sandip Das
-Financial Express Traders told FE that for mustard, the biggest domestic oilseed variety, prices at Bharatpur mandi, Rajasthan, are currently ruling around Rs 6,800 per quintal against the MSP of Rs 5,050 a quintal, while wheat in Sehore mandi, Madhya Pradesh, is currently being sold at Rs 2,150 a quintal against MSP of Rs 2,015 a quintal. As market arrivals have peaked, mandi prices of key rabi crops — wheat and mustard...
More »SC Issues Directions to Centre on Managing Covid19 Crisis; Asks it to Rectify Oxygen Deficit, Formulate National Policy of Hospital Admissions; Suggests a Lockdown
-Leaflet.in/ Newsclick.in The Supreme Court, in an order released on Sunday evening, directed the Central Government to ensure that the deficit in the supply of oxygen to the national capital is rectified within two days. It also directed the Centre to prepare, in collaboration with the states, a buffer stock of oxygen for emergency purposes and decentralize the location of the emergency stocks. “The emergency stocks shall be created within the next four...
More »Two Key Numbers to Look Out for in the Upcoming Budget 2021 -Jayati Ghosh
-TheWire.in The most important concern is that of increasing public spending. There are really only two numbers to look out for in the forthcoming budget: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. These two numbers will determine whether there is any real hope of sustained macroeconomic recovery in the near future, notwithstanding any claims of green shoots or revival...
More »Only 10% free pulses under govt scheme distributed to poor so far -Harikishan Sharma
-The Indian Express According to sources, the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), which comes under administrative control of the Agriculture Ministry, has been tasked with ensuring supply of pulses from the buffer stocks it maintains. Announced as part of the COVID-19 relief package about a month ago, free pulses — 1 kg per family — to beneficiaries of the National Food Security Act (NFSA) are yet to reach...
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