-Indian Council for Research on International Economic Relations (ICRIER), Working Paper 383 Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this context since they can procure commodities, aggregate them and ensure that size and...
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The Indian economy is blaring warnings, but the Modi government remains in denial -Jayati Ghosh
-Scroll.in/ qz.com While the government was busy celebrating cosmetic measures like ‘ease of doing business’ ranking, the real economy tanked. Suddenly, it seems like everything is shrinking in India: our capacity for tolerance and diversity, the space for democratic expression and dissent – and now, economic growth. The warning signs have reached a point where they cannot be ignored any longer and more people, including prominent business leaders, are speaking out. Yet, at...
More »Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna
-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...
More »National Population Register to include Aadhaar details -Rahul Tripathi
-The Economic Times Registrar General of India will ask UIDAI to verify biometric data of individuals NEW DELHI: The Registrar General of India will ask the Unique Identification Authority of India (UIDAI) to verify biometrics of individuals for inclusion in the recently revived National Population Register (NPR) programme, instead of collecting them afresh. A senior home ministry official told ET that this puts an end to the debate on which agency has primacy...
More »'Accelerating exodus from farming key to achieve target of doubling income' -Richard Mahapatra
-Down to Earth To double farmers’ income reduce the number of farmers, suggest policy makers Among senior officials in the Union government and members of the Niti Aayog, conversations now start and end with one subject: “doubling farmers’ income by 2022”. Clearly, the obsession with open defecation-free India is over as, unofficially, India has achieved the target before the October 2019 deadline. But the new target to double farmers’ income by 2022 has...
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