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milk demand down, festival season offers no hope in UP’s buffalo belt -Harish Damodaran

-The Indian Express The dairy industry's problems will only intensify with animals calving and production going up in the coming months Amroha (Uttar Pradesh): India’s Grand Festival Season takes off next month, starting with Rakshabandhan (August 3), Janmashtami (August 12), Ganesh Chaturthi (August 22) and Onam (August 31), followed by the nine-day Navaratri culminating in Dussehra (October 25), Diwali (November 14) and Chhath Puja (November 20). It is also the season for...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu

-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...

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How Covid has flattened prices, shifted demand curve for agri-commodities -Harish Damodaran

-The Indian Express Lockdown has led to demand destruction similar to demonetisation even for commodities such as potato and milk that were till recently in short supply While there is debate on how much the lockdown has helped in “flattening the Covid-19 curve”, one thing is clear: It has led to a flattening of prices through a “leftward shift in the demand curve”. The best way to illustrate this is through two agricultural...

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Corona: Super rush, panic to stock up supplies -Yesha Kotak

-Hindustan Times Mumbai: Fearing a lockdown in the wake of the coronavirus outbreak, citizens have started to throng supermarkets and grocery stores to buy provisions, with many shops running out of stock on Sunday and Monday. Local groceries and supermarket chains said they had to refill stock meant for an entire week on one day or source it over the next two days. Among the commodities that are most in demand are...

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