-Business Standard The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18. Chief economic advisor (CEA) Krishnamurthy Subramanian has asked the National Statistical Commission (NSC) to make public the 2017-18 consumer spending survey data. “The Government had decided to not release the consumer expenditure survey report. But, earlier this year, NSC Chairman Bimal Kumar Roy received a...
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Price risks make farmers wary of private markets -Sayantan Bera
-Livemint.com For over 12 days now, farmers have been pressing the Centre to repeal a set of agriculture laws passed in September. Centre argues that the agenda is to offer choice to farmers while growers see unregulated private markets as a threat to minimum support prices. Mint explores. * Why are farmers more wary of pvt markets? Over the last five years, low global and domestic commodity prices have taken a toll on...
More »MSP recorded sharper climb under UPA rule, data contradict Modi Government -Kumar Vikram
-The New Indian Express Between 2006-07 and 2013-14, when the UPA was in power, there was a 90 to 205% rise in the minimum support price (MSP) of major crops, including paddy, wheat, arhar, gram, maize and masoor. NEW DELHI: After the fifth round of talks with agitating farmers, Union Agriculture Minister Narendra Singh Tomar on Saturday claimed that the current Government has done more for farmers when it comes to minimum...
More »Bihar scrapped APMC Act, mandi system 14 years ago; here’s what it did to farmers -CK Manoj
-Down to Earth Why are farmers protesting the Government’s ’reforms’, ask many. A look at how Bihar’s farmers have fared may explain The recent controversy about India’s newly minted farm laws have brought back into focus what Nitish Kumar did a decade-and-a-half ago: Shutting down the mandi (wholesale markets for agricultural produce) system in 2006. The much-touted ‘reform’ has impacted the state’s farmers, and not in a good way. Farmers have had to...
More »Bihar procurement at snail’s pace, farmers forced to sell paddy much below MSP -Santosh Singh
-The Indian Express Several farmers told The Indian Express that they had to sell their paddy for Rs 800-Rs 1,200 per quintal in open market, although the MSP is Rs 1,868 per quintal, as the procurement process is yet to begin in their areas. Patna: THE MAJORITY of farmers in Bihar, who have harvested their paddy crop this season, have no option but to sell their produce at rates much below the...
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