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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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Beyond MSP

-The Hindu Business Line Price incentives for farmers should be followed up by better marketing infrastructure The Centre, while announcing the minimum support prices for the oncoming rabi season, has stuck to its policy of announcing moderate increases in the case of cereals, while promoting a shift towards pulses and oilseeds. MSP increases have moderated after 2013, after double-digit spurts that were the norm in the preceding four years. Hence, the rise...

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Govt hikes wheat MSP by Rs 110 per quintal; pulses, Rs 200 per quintal

-PTI According to sources, the CCEA approved Rs 110 per quintal hike in wheat MSP to Rs 1,735 per quintal for the 2017-18 rabi crop, up from Rs 1,625 per quintal last year. The government today increased the minimum support price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal to help boost the output of these crops and check prices,...

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Food for reform -Ramesh Chand & Jaspal Singh

-The Indian Express Price fluctuation and low and unremunerative prices for farm produce can be addressed through competitive markets, and much-needed reforms. EXTREME volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities. The reason for this appears to be the waning influence of non-price factors (technology, irrigation, extension) in driving growth, and the role of prices...

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Shyam Khadka, India's representative at the FAO of the United Nations, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com In India, 9 million people left farming between 2001 and 2011 largely due to distress, not because industry invited them, says Shyam Khadka, India’s representative at the FAO Shyam Khadka, India’s representative at the Food and Agriculture Organization (FAO) of the United Nations, says more Indians are moving out of agriculture due to distress and not because the manufacturing sector is inviting them. In an interview, Khadka calls for converting food...

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