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The Fine Print of the Essential Commodities Act Ordinance Must be Carefully Parsed -Siraj Hussain

-TheWire.in More clarity is needed on what will be considered an export order in case stock limit has to be imposed. Out of the three game-changing ordinances issued by the Centre on June 5, 2020, the shortest and the most critical to the future of investment in agriculture is “The Essential Commodities (Amendment) Ordinance, 2020”. The ordinance seeks to specify and restrict the conditions under which the government will be empowered issue regulations...

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Why food inflation may turn sticky -Sayantan Bera

-Livemint.com * Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s why * This is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to farmers can help stabilize prices New Delhi: For more than five years now, the Indian countryside has only heard stories of anguish. Consecutive years of...

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Climate change behind spike in onion price every alternate year: Study -Nagesh Prabhu

-The Hindu Researchers from Institute for Social and Economic Change say price will stabilise only by March 2020 Bengaluru: The price of onion in the country spikes every two years and this is largely triggered by a series of factors, including drought, late arrival of monsoon, floods, crop failure, and supply disruptions, according to a recent study. The current sharp spike in onion price is expected to continue till at least March...

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Time to TOP up -Ashok Gulati & Harsh Wardhan

-The Indian Express Tomatoes-onions-potatoes face extreme Price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...

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'All parties treat farmers like beggars': Punjab's agriculture workers have no hope from elections -Manu Moudgil

-Scroll.in Recent farm loan waivers and income support schemes have had little impact amid growing agrarian distress. In January, farmers across the state of Punjab took to the roads in protest. In 12 districts of the state, they were protesting against banks that filed cases against loan defaulting farmers. Also part of their demands from the government was compensation of Rs 10 lakh each for families of farmers that had committed suicides,...

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