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From aid to gain -Mahesh Rangarajan

-The Telegraph The Green Revolution revisited The Covid-19 crisis poses many challenges for India. One front that is almost taken for granted. Today, when the world faces the threat of a virus, India as of late April 2020 could declare a food grain reserve of 73.8 million tonnes. Anyone with doubts about gains should take a look at sub-Saharan Africa, many of whose nations are still reliant on food aid from the...

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Relief for farmers: Centre eases agri produce sale rules amid Covid-19 -Rajesh Bhayani

-Business Standard Allows farmers to sell produce directly to retail chains, bulk buyers for 3 months Mumbai: A series of central government notifications and letters to states in the past two days will enable agri and food products to reach consumers in a timely and efficient manner. The measures include limiting jurisdiction of APMCs (Agricultural Produce Market Committees) to their physical premises, allowing big retailers and even commodity processors to buy directly from...

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People resort to panic buying -Avneet Kaur

-The Tribune Jalandhar: As numbers of coronavirus cases are on the rise in the country and PM Modi announced janta curfew on Sunday, residents have a perception that the Central Government might impose a lockdown till March 31. Thus, they are rushing to grocery stores and vegetable stalls to stock up on essentials. At grocery stores in the city, including Easy Day, Big Bazaar, Reliance and D-Mart, and roadside vegetable stalls, people...

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Govt should tackle the demand side instead of dealing with the supply side of the economy -Yashwant Sinha

-The Indian Express This government is barking up the wrong tree. First of all, it is solely responsible for the present slowdown. Second, it has no understanding of what has caused the problem. Third, therefore, it is flailing its arms in all directions except the right one and causing more pain. I have often been criticised for being critical of the present regime, even by people near and dear to me. One...

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Explained: How the government plans to reboot the economy with this budget -Udit Misra

-The Indian Express Boosting consumption by leaving people with higher disposable incomes is the key strategy The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of the Indian consumers. * What was the problem slowing down the economy? Typically, there are four engines of GDP (gross domestic product) growth. These are as follows: Consumption of the private individuals (or...

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