-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...
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Is the ban on wheat exports good policy? -Vikas Dhoot
-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...
More »The UN report that highlights India’s vulnerability to drought -Priyali Prakash
-The Hindu More than a billion people around the world were affected by drought in 2000-19, making it the second-worst disaster after flooding. The story so far: A United Nations report has revealed that many parts of India fall under the list of regions that are vulnerable to drought globally. The report also stated that India’s Gross Domestic Product (GDP) reduced by 2 to 5 per cent between 1998 and 2017 due...
More »Wheat production down, procurement less; prices of flour, bread, biscuits soar -
-The Tribune Experts urge the government to be cautious on wheat export, suggest an upper cap, say traders dictating markets New Delhi: Wheat production in the country is down due to “early summers”, the government’s procurement has reduced and the prices of ‘atta’ and byproducts like bread, rusks and biscuits are rising by the day. While the government is calling increasing exports as “beneficial” for farmers, experts are advocating “caution”, including imposing...
More »Why Nehruvian Planning failed in the long term -Niranjan Rajadhyaksha
-Mint Lounge Why Nehruvian Planning failed in the long term Early Indian liberal nationalists such as Dadabhai Naoroji, Romesh Chunder Dutt and Kashinath Trimbak Telang used the power of numbers to undermine the legitimacy of British rule in the second half of the 19th century. They took the data collected by the colonial bureaucracy to attack the very system those numbers were meant to sustain, turning the tables in the process. The...
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