-TheWire.in The economists, who have engaged with issues of agricultural policy, said that the Centre's reforms were based on "wrong assumptions" about why farmers were unable to get remunerative prices. New Delhi: A group of senior economists have released an open letter to the Union agriculture minister Narendra Singh Tomar calling for the repeal of the three contentious farm bills “which are not in the best interests of the small and marginal...
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Farmers want better APMCs, not ‘mukti’ from them, says AIKMS
-The Hindu The document argued that the diesel cost had been raised tremendously by the present government. The Left- affiliated All-India Kisan Mazdoor Sabha (AIKMS) on Sunday released a document countering the claims of the Modi government on the three contentious farm laws, saying that the government’s arguments for not repealing the legislations were “deceptive” and “untruthful”. It also accused the government of propagating “falsehood” to claim that the laws would help...
More »MSP -- the factoids versus the facts -Reetika Khera, Sudha Narayanan and Prankur Gupta
-The Hindu The debate on agricultural issues must take into account the changed geography of procurement and the seller’s profile According to one definition, a factoid is “an item of unreliable information that is reported and repeated so often that it becomes accepted as fact”. After the passage of the three controversial farm laws, the Minimum Support Price (MSP) — not mentioned in the laws — has gained a lot of attention....
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton
-ThePrint.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a rational response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre incomes. They face a multiplicity of risks, which jeopardises even these low incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...
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