-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...
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Foodgrain output set to touch record 135 million tonnes
-The Hindu Business Line Rice, pulses lead the production figures New Delhi: Foodgrain production in the on-going kharif season is expected to be at a record high of 135.03 million tonnes (mt) with a record output predicted for pulses and rice, according to production estimates released by the Agriculture Ministry. “This is higher than the previous record production by almost 4 million tonnes (about 9 per cent). The way farmers are working, in...
More »Govt misled ryots on cotton cultivation?
-The Times of India HYDERABAD: A government advisory not to grow cotton this kharif crop season has landed state farmers in trouble with prices of alternative crops they were encouraged to grow falling. And rubbing salt into their wounds, the price of cotton has been witnessing a dramatic rise. Further, there has been no word from the government so far on initiating market intervention measures and procuring of produce at minimum support...
More »Making Pulses Affordable Again: Policy Options from the Farm to Retail in India -PK Joshi, Avinash Kishore and Devesh Roy
-IFPRI Rising prices and declining consumption of pulses cause concern in terms of both nutrition and food inflation in India. This paper outlines policy strategies to increase the availability of pulses at affordable prices in India and also points out limitations of some of the most common recommendations for achieving these objectives. There seems to be no option but to increase domestic production of pulses in India. The global supply of...
More »Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan
-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...
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