-ThePrint.in The two states earned a lot of flak during the farmers’ agitation for demanding continuation of the existing system of APMCs and MSP operations. The global events of the last one year, especially during the Russia-Ukraine war, have again shown the importance of food security to the world. It is critical for India too as it has to provide food to a large population of about 1.39 billion people. Punjab and...
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Govt’s Bizarre Plans of Dealing With Looming Food Grain Crisis -Subodh Varma
-Newsclick.in Privatisation of grain procurement and cap on procurement subsidies are among the ideas being floated. Amid a slew of worrying news on the food grain front, the Narendra Modi-led government not only appears to be strangely cool, but it is also throwing up bizarre proposals to change the whole procurement-distribution system. This could be the famous ‘using a crisis as an opportunity’ mode of thinking that has led to catastrophic effects...
More »Poor monsoon does not always translate to high inflation
-Moneycontrol.com Here is a counterintuitive set of data, which indicates a decoupling of rains and inflation With the monsoon delayed in June and being unevenly distributed in July, everyone has been worrying about a fall in food production and resultant inflation. After all, we keep hearing that India’s agriculture is mostly rainfed. Then, the reasoning goes like this–poor rains equals poor harvest equals high inflation. But does poor rains really cause inflation? Here is a...
More »Why Were 1.3 Crore Jobs Lost in June? -Subodh Varma
-Newsclick.in Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost. A perfect storm of Delayed monsoon, languishing economy and continued inaction of the government on the jobs front has led to an astonishing decline of 1.3 crore from the total number of employed persons in the country in June this year, according to the latest CMIE estimates. In May, the number of employed persons were...
More »Monsoon has turned normal, IMD says. But it really hasn’t if you see regional variations -Simrin Sirur
-ThePrint.in While heavy rains have lashed parts of Assam and Meghalaya in the northeast, planting of rain-fed kharif crops has been delayed in Odisha, where the rain deficit is 39%. New Delhi: After a slow start, the four-month-long Southwest monsoon has finally turned normal, data from the India Meteorological Department (IMD) shows. Compared to a 42 per cent deficit in rainfall recorded on 8 June, the monsoon entered normal territory Tuesday at 98...
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