-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...

-The Indian Express DMRC and Union minister for urban development Hardeep Singh Puri are right that the daily ridership of Delhi metro hasn’t declined by 3 lakhs due to fare hike. It has declined by 4.8 lakhs. Economists are frequent targets of ridicule by politicians for failing to predict crises or having vastly differing opinions of major economic events (e.g. demonetisation). But all economists agree on one fundamental tenet — demand reduces...

-The Indian Express Governments have not acted on recommendations of committees on farmer welfare How many more farmers must die before the prime minister condescends to take notice? How many rats must the protesting Tamil Nadu farmers at Jantar Mantar eat before the government acts? How many more fake farm loan waiver schemes will be announced before the cabinet realises that farmers cannot be fooled anymore? Despite 300,000 farmers taking their lives...

-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...

-The Indian Express Union government must address structural issues in agricultural policy, allow states greater autonomy. Farmers from across the country are out on Delhi’s streets agitating just as the deliberations for the 2018 budget are beginning and it’s time to seek solutions to the structural issues that plague the system. The “one-size-fits-all” policy created for the farm sector is self-destructive in design and programmes meant to double farmer incomes are collapsing. The...