-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »Yogendra Yadav, political scientist and co-founder of non-profit Swaraj Abhiyan, speaks to Livemint
-Livemint.com New Delhi: Back from a walk through drought-affected parts of the country, Yogendra Yadav, political scientist and co-founder of non-profit Swaraj Abhiyan, speaks on state compliance of Supreme Court orders, a booming private water market in Marathwada, and why farmer movements are weakest at a time when agrarian distress is at its peak. Edited excerpts from an interview: * You just came back from a trip to Bundelkhand and Marathwada. What...
More »Feeling the pulse
-The Indian Express In 2015-16, India imported a record 5.79 million tonnes (mt) of pulses valued at $ 3.9 billion, with these being even higher at 15.57 mt ($ 10.49 billion) in the case of edible oils. The Narendra Modi government has done well to hike the minimum support prices (MSP) of pulses to be grown this kharif season by 7.7-9.2 per cent, over and above the 5.4-6.3 per cent last...
More »Farmers unhappy over ‘meagre’ hike in paddy MSP -KV Kurmanath
-The Hindu Business Line Citing Swaminathan panel formula, farmers ‘reject’ MSP Hyderabad: Farmers associations and agri-economists are angry over the “meagre” hike in the minimum support price (MSP) for paddy, pulses and other crops. The government on Wednesday announced a hike in the MSP of Rs. 60 a quintal for paddy and Rs. 425 for pulses, far below the farmers’ expectations. Swaminathan panel formula The hike in the MSP falls well short of the...
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