Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Food grain traders protest against tax hike
-DailyPioneer.com Food grain traders protest against tax hike Ranchi: Different trade bodies associated with Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) on Wednesday staged a symbolic protest against the agriculture marketing tax imposed by the State government. The trade organizations associated with fruits, vegetables, food grains, rice mills, retail traders and others participated in the protest. The trade bodies questioned the imposition of new agriculture tax in the State (Jharkhand) where...
More »Finance Ministry Had Endorsed Mandi Tax, Which BJP Is Criticising to Counter Protests -Dheeraj Mishra
-TheWire.in The finance ministry had said, "Market fee is not a tax and the concerned APMC provides facilities in mandis in exchange for the amount." New Delhi: Amid the raging protests against the disputed agrarian laws passed by the Centre, a far more widespread and deeper controversy has emerged over the taxes levied across state agricultural markets. Members of the ruling Bharatiya Janata Party have been criticising the Agricultural Produce Market Committee tax...
More »The roots of the agricultural crisis run deep -Himanshu
-The Hindu Declining agricultural incomes and flagging state support to agriculture are some of the key structural issues The standoff between farmers and the government continues even after a few rounds of discussion and more than a fortnight of protest at the Delhi border by the farmers. The latest proposal by the government indicates its willingness to amend the three agriculture-related Acts passed in September. On the contentious issues of registration of...
More »Farm bills: First principles and the political economy of agricultural market regulation -Shoumitro Chatterjee
-IdeasforIndia.in Wrapping up the Symposium on farm bills, Mekhala Krishnamurthy and Shoumitro Chatterjee contend that regulatory reforms are an important but limited part of what must be both a more comprehensive and contextual approach to policy design and implementation. Moreover, when it comes to markets, it is crucial to think through what market regulation can and cannot do and to understand the role that mandis play in India’s agricultural marketing system. Over...
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