-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
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Kharif food output estimated at a record high -Sayantan Bera
-Livemint.com According to govt data, the output of foodgrains is 11.9 million tonnes higher than the average production of 129.7 million tonnes between 2012-17 New Delhi: India’s foodgrain production during the rain-fed kharif season is estimated at a record 141.6 million tonnes in 2018-19, raising chances that wholesale crop prices will continue to hover low ahead of crucial elections in states like Madhya Pradesh, Rajasthan and Chhattisgarh. The first advance estimate of crop...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »Why do India and US disagree on farm subsidies? -Dipti Jain
-Livemint.com Roots of disagreement lie in how farm support is calculated under WTO, with US blaming India for under-reporting subsidy given for wheat and rice Bengaluru: Farm subsidies seem to have become a major flashpoint in the escalating global trade war. In May, India came under attack from the US for its minimum support price (MSP) policy for foodgrain. India hit back, along with China, to demand that developed nations give up...
More »India may see another bumper harvest better than last year's -Madhvi Sally
-The Economic Times NEW DELHI: The government is optimistic of another bumper harvest with output to be similar to last year’s or better, as crop planting and the monsoon season are at the tail end. It also doesn’t expect floods to have any major impact on production. However, some analysts raised concerns over the distribution of rains that they said were erratic, and in deficit in several states. But trade doesn’t expect...
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