-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...
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Tomato prices in city red hot at Rs 80/kg
-The Times of India HYDERABAD: Tomatoes might soon go off the common man's dinner plate, thanks to a steep hike in prices of the vegetable triggered by widespread destruction of farmland by unseasonal floods. The staple food item at almost every kitchen, available at Rs 15/kg in the open market in April this year, has now jumped five-fold to Rs 75-80/kg. The sudden spike, has also become a talking point on twitter,...
More »Well-stocked granaries may help hold rice price line, says trade body -Vikas Vasudeva
-The Hindu But an Assocham study has warned of an increase in prices Amid concern that the price of rice may be next to shoot up after those of pulses and onion, trade bodies put forth divergent views. V.S. Sethia, former president and currently a governing council member of the All-India Rice Export Association, told The Hindu that apprehensions of a sharp rise in rice price were baseless as ample stock of regular...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »Walk the talk
-The Hindu Business Line India must fight against its food exports being placed under USFDA scrutiny When it comes to free trade, the US is the world’s leading evangelist. However, while the US market overall remains one of the world’s most open markets in terms of access, when it comes to politically sensitive constituencies such as agriculture, the picture changes dramatically. The debate over farm subsidies, of course, is fairly well known....
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