-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
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Fear of cooking oil shortage, spike in prices as 290,000 tons stuck in Indonesia -Aniruddha Dhar
-Hindustan Times India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Indonesia President Joko Widodo's drastic measures to control food prices by Banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm...
More »Contrasting rules for farm, corporate loans -Devinder Sharma
-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...
More »‘Temporary Ban on cotton exports likely’ -Ravi Dutta Mishra
-Livemint.com Cotton prices have touched ₹90,000 per candy. Prices of some varieties of have touched ₹100,000 per candy The Union government may impose a temporary Ban on cotton exports if cotton prices continue to surge, textiles secretary Upendra Prasad Singh told Mint. The statement comes at a time when the Indian textile Industry is reeling under a spike in cotton and yarn prices, impacting production and exports. Cotton prices have doubled in barely...
More »Waterlogging pushes Haryana farmers to sell agricultural land, take up odd jobs -Sat Singh
-Mongabay.com - Perennial waterlogging in agricultural fields of Charkhi Dadri is making them uncultivable. Farmers are adopting alternate occupations or taking land on lease in other villages to continue farming. - While groundwater scarcity is a problem in many parts of North India, some 319 villages in Haryana have the opposite issue of waterlogging because of high groundwater levels. - Government interventions, saline water draining attempts and subsidies for crop diversification, along with...
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