-DNA The state government’s proposal to let farmers circumvent the agriculture produce market committees and sell their yield directly to consumers — which essentially means whoever they wish to sell it to — needs to be welcomed even by those of us in the cities who may not be conversant with agricultural practices. While the middlemen who control the APMCs are bound to raise howls of protest about the attempt to overturn...
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Marketing arrangements for agriculture products archaic: Rangarajan
-PTI Chairman of Prime Minister's Economic Advisory Council, C Rangarajan today said Agriculture Produce Marketing Committees (APMCs) have not helped the farmers in gaining higher level of income. "The marketing arrangements with respect to agricultural products remain very archaic", he said, delivering the convocation address at the University of Agricultural Sciences, Bangalore. "Some of the legislations such as APMC have also not helped the farmers. There is a big difference between what the...
More »The tying of farm aid
-The Business Standard Use central funds to push agri-reform in states The agriculture ministry’s reported decision to tie the state-wise allocation of funds from the National Agriculture Development Plan (NADP) to the states’ progress on agri-marketing reforms seems likely to benefit both farmers and consumers. Yet the gains from releasing central assistance only conditionally could be substantially augmented. If the Centre is serious about reform, it should expand this conditionality to other...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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