-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...
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Farming became costlier between crop years 2012-13 and 2018-19, shows the latest available NSO data
One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...
More »Debunking the myth of APMCs regulating agricultural marketing in a real world
When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...
More »Number Theory: Understanding the business of farming in India -Abhishek Jha and Roshan Kishore
-Hindustan Times Supporters of the three farm laws have been arguing that the new regime will help farmers receive better prices by selling products in the open market rather than the APMCs. SAS data does not support such a claim That Indian agriculture has been distress-ridden is an accepted fact in post-reform India. However, this is often discussed more in terms of farmers’ suicides, especially during the last decade, or abysmally low...
More »Modi’s charisma intact, but Jats of western Uttar Pradesh want more -Anuj Kumar
-The Hindu Amid religious polarisation, agrarian issues still resonate with the community ALIGARH/ HATHRAS: As the Bharatiya Janata Party (BJP) faces the Jat challenge in western Uttar Pradesh, the message from the ground in Aligarh and Hathras districts is mixed. While there are many who still swear by the ruling party for providing suraksha, bijli aur sadak (safety, electricity and roads), there are others who feel the party has let down a vote...
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