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The cost of food

-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...

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India's fertiliser drain: Urea of darkness -Sarthak Ray

-Financial Express A study by ICRIER researchers Ashok Gulati and Pritha Banerjee shows how problematic the fertiliser policy is—for farmers, industry, the environment and the government. India’s experience with fertilisers, in the later part of the Green Revolution, prompted it to adopt a policy of subsidising fertilisers. In 1977, the country had a total NPK (nitrogenous, phosphatic and potassic) fertiliser consumption of 4.3 million metric tonnes (mmt) and per hectare usage...

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Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...

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It's time to move away from paddy-wheat cropping cycle to end air pollution

  Air quality in North India in general and Delhi National Capital Region (Delhi NCR) in particular plunged to its lowest point in recent years during October-November thanks to a variety of factors. Through media reports one comes to know that stubble burning (also called paddy straw burning/ crop residue burning) is chiefly responsible for the public health crisis in India's capital and its nearby regions. Data accessed from the website...

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Going to seed -Indra Shekhar Singh & Prabhakar Rao

-The Hindu Business Line RCEP will jeopardise India’s seed industry With Brexit now a certainty, the days of liberal globalization are numbered. Open borders, FTAs and multilateral agreements are no longer in vogue. However, India seems inclined to ink the Regional Comprehensive Economic Partnership (RCEP), perhaps the world’s biggest free trade agreement. This seems an ill-advised step. India boosts of a vibrant seed sector with public institutions and a variety of private...

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