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Potential of farm exports not fully tapped, says study

-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...

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Lending to priority sector is good business, Mundra tells banks

-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...

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When too much is too little -Sanjay Kumar

-The Hindu The issue of food wastage must be fully understood, so that an effective strategy can be drawn up When Prime Minister Narendra Modi brought up the issue of food wastage on his ‘Mann Ki Baat’ programme about two months ago, he endorsed a valid point when he asked people not to waste food. Though he raised an extremely critical issue of national importance, he could also have used the occasion...

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Will slaughter curbs lead to cattle surplus? Indian academicians have been debating this since 1926 -Himanshu Upadhyaya

-Scroll.in As the Centre looks to modify the rules on cattle trade, it would do well to consult experts about how the changes would affect farmers. With the government’s assurance to the Supreme Court on Tuesday that it would suspend implementation of new regulations on cattle trade, the nation’s cows, bullocks, bulls and buffaloes are back on the front page. The new rules, notified in May, had been greeted by vociferous...

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Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun

-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...

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