-The Economic Times NEW DELHI: The price of vegetables, particularly onion, could rise in the coming months as the government has estimated that output is slightly lower than last year. Horticulture output has not kept pace with the robust growth in the estimated production of foodgrains and oilseed in the crop year to June 2017, advance estimates of the agriculture ministry showed on Friday. Production of vegetables is estimated to be around...
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Holes in the security net -Anindita Adhikari & Inayat Anaita Sabhikhi
-The Indian Express Demonetisation shows India’s social welfare measures like MGNREGS to be worryingly patchy Following the announcement of demonetisation, reports of its devastating impact on informal sector workers, farmers and migrants began to pour in from across the country. Seeking evidence on two questions — do social security measures work in the face of such an economic shock, and do these programmes themselves face disruption because of demonetisation — we conducted...
More »Onion production might fall by 5.8% in 2016-17 crop year: Government -Sanjeeb Mukherjee & Agencies
-Business Standard Horticulture production to exceed food grains output for fifth year in a row The Centre’s first advance estimates for horticulture production for 2016-17 crop year that will end in June showed onion output might fall 5.8 per cent during the year to 19.7 million tonnes, while potato and tomatoes could rise marginally. Onion production in 2016-17 could fall to 19.71 million tonnes as against 20.93 million tonnes last year. The output is...
More »MSPs should have an expiry date, but job is tough: Arvind Subramanian
-PTI New Delhi: Chief Economic Advisor (CEA) Arvind Subramanian today took the line that the minimum support price on foodgrains for farmers should not continue forever and there should be an "expiry date". "Minimum support price (MSP) originally came into being because we had a big problem of lack of self-sufficiency in foodgrain production. It (MSP) was used as means of providing incentives to farmers. It has been successful. We no longer...
More »Budget unmindful of income inequality -MA Oommen
-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...
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