-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
More »Everybody’s loss-Jyotika Sood
-Down to Earth Delisting fruits and vegetables from APMC Act in Congress-ruled states will not benefit farmers Congress vice-president Rahul Gandhi last December said fruits and vegetables will become affordable if states allowed farmers to directly sell their produce to consumers. He also directed the chief ministers in Congress-ruled states to delist fruits and vegetables from the Agriculture Produce Marketing Committee (APMC) Act. The Act makes it mandatory for farmers to sell...
More »States to Focus on Availability of Fertilizers, Seeds, Credit for The Coming Kharif
-Press Information Bureau (Ministry of Agriculture) The two-day National Conference on Agriculture for Kharif Campaign has come out with detailed strategy for maximising crop production during the coming kharif season. The focus will be on ensuring timely availability of fertilizers and quality seed and also sufficient credit to farmers. Based on inputs from States and the Fertilizer Ministry, it is established that sufficient quantities of fertilizers and seeds are available in...
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