-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...
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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran
-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...
More »People resort to panic buying -Avneet Kaur
-The Tribune Jalandhar: As numbers of coronavirus cases are on the rise in the country and PM Modi announced janta curfew on Sunday, residents have a perception that the Central Government might impose a lockdown till March 31. Thus, they are rushing to grocery stores and vegetable stalls to stock up on essentials. At grocery stores in the city, including Easy Day, Big Bazaar, Reliance and D-Mart, and roadside vegetable stalls, people...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while Onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
More »Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...
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