-Business Standard Bitter gourd leads decline as green veggies nosedive up to 50% on Maharashtra's move to delist them from spot mandis Mumbai: Vegetables price have plunged in Mumbai over the past two weeks, on a sudden increase in direct supply from farmers to retailers and bulk consumers, following the state government’s removal of the legal compulsion for farmers to sell only at regulated wholesale markets (mandis). Prices of green vegetables have...
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Goods and Services Tax (GST), explained
-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
More »From plate to plough: The arhar challenge - Ashok Gulati & Smriti Verma
-The Indian Express The incentive structure, currently skewed in favour of rice and wheat, needs to become crop-neutral High prices of pulses are upsetting the food budget of many poor families. Soaring Retail Prices of dals — urad at Rs. 170/kg, tur/arhar at Rs160/kg, gram/chickpea at Rs 127/kg, moong at Rs 111/kg and masoor at Rs 100/kg — have made dal a luxury for the dal-bhaat and dal-roti eating population. But not...
More »A finger on the pulse -M Venkaiah Naidu
-The Hindu Business Line The Government has several short and long-term strategies to achieve self-sufficiency Who can deny that pulses are at the core of the average Indian diet? Therefore, the NDA government’s multi-pronged short-term and long-term strategies to meet the growing consumption of pulses in the country — from importing to increasing production through new technologies, and making cultivation attractive to farmers — is to be welcomed. In fact, pulses play...
More »How Well Does India Understand Inflation? -Deepanshu Mohan
-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
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