-Hindustan Times Business leaders expect a normal monsoon, record sowing of summer crops, improved winter harvest and a raft of government measures to help farmers and boost rural incomes to boost demand for goods ranging from two-wheelers to tractors. Businesses are banking on a bumper harvest and high rural incomes to drive demand for goods after the coronavirus pandemic stunted growth in the country’s cities, where most of the factories and offices...
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COVID Lockdown: How India's Food Supply Chain First Tightened and then Recovered -Matt Lowe and Ben Roth
-TheWire.in Food supply shortages, if any, are driven by state level policy making, rather than consumers’ and suppliers’ fears of contracting COVID-19. In mid-April, the supply of fruits and vegetables at Azadpur mandi, Asia’s largest fruit and vegetable market, had fallen about 50% since the start of India’s nationwide lockdown. Two months later, updated nationwide data shows that India’s food supply chain appears to have recovered, operating at levels comparable to the same...
More »Jean Drèze, development economist and social activist, interviewed by Shreehari Paliath (IndiaSpend.com)
-IndiaSpend.com Bengaluru: Global economic output is expected to contract by 4.9% in 2020 owing to the COVID-19 lockdown. India announced a lockdown on March 24, 2020, which was extended over two months, and continues in pockets of states depending on the spread of the disease, which has now infected more than half a million people in the country. The lockdown impacted millions of inter-state migrant workers who form the bulwark of India’s...
More »India Inc's big bet on Bharat saving the day -Sayantan Bera
-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...
More »Crop of ironies -Madhurika Sankar
-The Hindu Food security and farmer welfare are intertwined It is ironic that it took a devastating pandemic to force the government’s hand for long-overdue agrarian reforms. Amendments have been made to the Essential Commodities Act, 1955. The Finance Minister has urged States to dismantle the Agricultural Produce Market Committees. Several long-term changes have been made to the agricultural sector, such as fair pricing and e-trading, along with liquidity measures. The Centre...
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