-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to Exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
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Politics of exclusion and disenfranchisement is hurting investment and India's cooperative spirit -Kaushik Basu
-The Indian Express What economists do not like to dwell on and what Karl Polanyi had noted a long time ago is that the economy is ultimately embedded in society, institutions and politics. When these are damaged, the economy begins to stall. With India’s deep political troubles, and protest marches breaking out all over the country, it may seem odd to be writing on economics. Yet, it would also be wrong not...
More »IMF may significantly downgrade India growth forecast in January: Gita Gopinath
-PTI * While speaking at an event in Mumbai, the IMF chief economist also sounded doubtful about India achieving $5 trillion GDP target by FY25 * 'If you look at recent incoming data, we would be revising our numbers,' she said Mumbai: The International Monetary Fund is set to join other downbeat analysts and cut the growth estimate for India "significantly", its India-born chief economist Gita Gopinath said on Tuesday. The Washington-based institution had...
More »Explained: Sowing a new Seeds regime -Harish Damodaran
-The Indian Express Govt plans to change existing law to ensure availability of quality seeds to farmers. How will the proposed Bill to replace The Seeds Act, 1966 meet its objective of ‘regulating quality of seeds for sale, import, Export’? The existing 1966 law already provides for regulation of the quality of seeds. What does the new Bill seek to change? The current Act only covers “notified kinds or varieties of seeds”. Thus,...
More »Why Modi govt's decision to ease fumigation norms for onion import has experts worried -Samyak Pandey
-ThePrint.in Modi govt is importing more onions under relaxed rules to deal with supply & price issues. But experts fear for India’s agricultural biodiversity. New Delhi: The Narendra Modi government’s decision to relax fumigation norms for imported onions might result in the entry of disease-carrying onions and harmful pests in Indian markets, agriculture experts have told ThePrint. On 6 November, the agriculture ministry relaxed fumigation norms and waived the penalty for non-compliance until...
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