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Pulse of the matter: Manufacturing a dal crisis, short-changing both farmer and consumer -Yogesh Pawar

-DNA Wondering about the plight of the rural population facing successive droughts which has to buy pulses, South Asia Network for Dams, Rivers and People (SANDRP) laments how no benefit of the price hike is reaching actual pulse farmers. While most link the current tur (pigeon pea) dal crisis with raging market prices, storage issues, hoarding and economics, a new study highlighting the making of the crisis - by South Asia Network...

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Price stabilisation fund for pulses can keep consumer budget in check

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...

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Government plans vouchers to subsidise rent for urban poor -Shalini Nair

-The Indian Express The voucher scheme is supposed to act as an intervention for LIG and EWS segments who are forced to seek accommodation elsewhere in the face of inadequate social rental housing THE MINISTRY of Housing and Urban Poverty Alleviation is considering introduction of subsidies, in the form of direct benefit transfer, that would be provided to economically weaker sections (EWS) and low income group (LIG) households towards their rent payments. The...

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Nobel Prize for Economics Reflects Issues on UN Development Agenda -Thalif Deen

-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...

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India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury

-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...

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