-The Hindu The distinct characteristics of India’s agriculture require that a reformed state must ensure farmer, consumer welfare For at least four decades now, economic policy making globally has dogmatically adhered to the notion that a progressively reduced role of the state would automatically deliver greater economic growth and welfare to the people. Since reform, by definition, is taken to mean only one thing, sector after sector is compulsively sought to be...
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RBI sanctions Rs 21K crore: Punjab gets CCL for wheat procurement
-The Indian Express The Central government has fixed the Minimum Support Price (MSP) of wheat at Rs 1975 per quintal, hiking it by Rs 50 from last year’s Rs 1925 per quintal. Chandigarh: Ahead of the wheat procurement that starts from April 10 in the state, the Reserve Bank of India (RBI) on Monday cleared a sum of Rs 21,658.73 crore towards Cash Credit Limit (CCL) up to end April, 2021 for...
More »The Modi Government Has Put the Cart Before the Horse -Prem Shankar Jha
-TheWire.in Indian agriculture is in the grip of a crisis and needs to move away from the 'cereal trap' towards alternatives. Deregulation of marketing should come second, not first. At the Indian Express’s e-Adda on March 21, Punjab’s chief minister Captain Amarinder Singh asked a question that has still not received an answer: Why did the Central government feel it had to change a marketing system that has existed for a hundred...
More »Let’s strengthen and not dilute the National Food Security Act -Himanshu
-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...
More »Potato prices crash 50% to Rs 5-6 per kg in both producing, consuming areas
-PTI/ Business Standard Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data. While consumers...
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