-DNA India is expected to bear the brunt of $160 billion trade-distorting farm subsidies provided by developed nations like the US At a time when angry farmer protests seeking an increase in the Minimum Support Price (MSP) for all crops is on an upswing, India faces an uphill task to protect its food procurement operations at the forthcoming Buenos Aires Ministerial of the World Trade Organisation (WTO) from December 10-13. At...

-Scroll.in Halfway through the ambitious Bhavantar Bhugtan Yojana, farmers are protesting and accusing traders of suppressing prices. When the Madhya Pradesh government introduced the Bhuvantar Bhugtan Yojana in August it hoped the new scheme would assuage angry farmers and provide them a cushion against a possible price crash of farm produce. But in the first harvest season after the scheme was introduced farmers continue to get prices below their expectations. Many farmers...

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

-The Financial Express Pune: Even as the government of Maharashtra is sending its top officials to the national capital to follow up on its proposal to the Centre for the procurement of moong and urad under the government’s Minimum Support Price ( MSP) scheme, farmers have begun distress sales. Maharashtra cooperation minister Subhash Deshmukh said the Centre’s permission is expected over the next two to three days, failing which the state...

-The Hindu Providing food to the poor or targeted groups at subsidised prices is fully WTO-compatible Transformational changes are taking place in India currently, improving the way we live. These changes are impacting all our lives in small or significant ways. It is gratifying to know that the citizens at large are happy withthese changes. However, forsome who have fed themselves on the fodder that such changes are not for the near...