-Economic and Political Weekly Biswajit Dhar (bisjit@gmail.com) teaches at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. Roshan Kishore (roshan.jnu@gmail.com) is currently a data journalist with Mint. With the formation of the World Trade Organization in 1995, the United States farm subsidies had moved towards income support, reducing spending on price support measures. The explicit reason was that the WTO had held that the latter forms were more...
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Growth data send conflicting signals
-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...
More »How Sikkim could offer lessons to other states in organic farming -G Seetharaman
-The Times of India It's 8:00 am on a Sunday and outside Denzong Cinema in Gangtok's Lal Bazar, the otherwise languid atmosphere is punctured by grocers of two kinds. On one side of the cinema are those who sell vegetables, fruits and spices sourced from outside Sikkim, mostly from Siliguri, 115 km south in West Bengal. On the other side of the cinema, almost completing a triangle, are farmers from the...
More »End of crop loan subsidy likely to heighten defaults, banks say -Namrata Acharya
-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...
More »Eye on safety, Govt defers GM mustard decision -Amitabh Sinha & Harish Damodaran
-The Indian Express Will not halt research but not rushing through decision, says Javadekar. HELPING THE government buy peace with activists protesting against granting clearance to the first transgenic food crop in the country, the biotechnology regulator on Friday deferred a decision on allowing the cultivation of a genetically-modified (GM) hybrid mustard. The Genetic Engineering Appraisal Committee (GEAC), a body under the Environment Ministry that regulates the use of genetically modified organisms (GMOs),...
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