-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...
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Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...
More »Half of Odisha villages hit by nature's scourge
-The New Indian Express BHUBANESWAR: It seems to be raining misery on Odisha’s farmers this year. Already reeling under the burden of drought and pest attack, the damage to crop caused by unseasonal rain has now added to their woes.The Special Relief Commissioner (SRC)’s office on Monday calculated that at least 3,84,018 hectare crop area under cultivation have suffered damage above 33 per cent due to rains. At least, 12.49 lakh...
More »Puri defies economists, says Delhi metro woes not due to fares -Jasmine Shah
-The Indian Express DMRC and Union minister for urban development Hardeep Singh Puri are right that the daily ridership of Delhi metro hasn’t declined by 3 lakhs due to fare hike. It has declined by 4.8 lakhs. Economists are frequent targets of ridicule by politicians for failing to predict crises or having vastly differing opinions of major economic events (e.g. demonetisation). But all economists agree on one fundamental tenet — demand reduces...
More »Deaths in road accidents see steepest decline ever -Dipak K Dash
-The Times of India NEW DELHI: Fatalities in road accidents have declined by 5,000 during three quarters of 2017 (January to September) in comparison to the same period in 2016. This is also the steepest ever reduction in road deaths, according to the data shared by state governments with Supreme Court appointed panel on road safety. Among major States, Punjab has recorded the maximum decline in road deaths by 14.4% followed...
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