-Financial Express Last year till mid-December, farmers were aware of future prices on commodity burse platforms such as National Commodity and Derivatives Exchange (NCDEX). Two months after harvesting the kharif soyabean crop, Narayan Singh, a farmer from Nipaniya Baijnath village of Malwa region in Madhya Pradesh, is still holding on to a chunk of the produce in anticipation of higher prices. In this kharif season, Singh harvested nearly 55 quintals of soyabean crop...
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MSP will be justified through price deficiency payment: Ramesh Chand -Prabhudatta Mishra
-The Hindu Business Line It is needed most, not procurement, says NITI Aayog member Stressing that there is a need for the continuation of the minimum support price (MSP) scheme for crops, NITI Aayog member Ramesh Chand has said it is time to debate and discuss what should be the “means” to ensure the guaranteed returns to farmers since procurement cannot be the answer. Addressing a conference on “Getting agriculture markets right”, organised...
More »Record Profits Boost Corporate Sector in Pandemic -Subodh Varma
-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...
More »A patently wrong regime -Suhrith Parthasarathy
-The Hindu Over the last few decades, intellectual property rules have served as a lethal barrier to the right to access healthcare Even an unprecedented pandemic can do little, it appears, to upset the existing global regime governing monopoly rights over the production and distribution of life-saving drugs. If anything, since the onset of COVID-19, we’ve only seen a reaffirmation of intellectual property rules that have served as a lethal barrier to...
More »Financial boom at a time of economic stagnation -Sunanda Sen
-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...
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