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Cereal inflation would be hard to tame amidst low rice acreage

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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India’s target to have 20% ethanol blended in petrol by 2025 could affect its food security -Tanvi Deshpande

-IndiaSpend.com/ Scroll.in Achieving the target won’t drastically reduce emissions nor will India achieve energy security because of it. For India to meet its target of 20% ethanol blended in petrol by the year 2025 (commonly known as the E20 target), it will have to bring in more land under cultivation of feedstock – agricultural products that can be converted into ethanol – land that can be better utilised for the generation of...

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The global angle to the farmer protests -Utsa Patnaik

-The Hindu It is not just domestic firms that are potential beneficiaries of the new farm laws; foreign agribusinesses are a danger too The farmers’ movement for the repeal of the three farm laws which affect them closely but have been rammed through without consulting them, has now entered its second month. It is of historic significance. It is not just about minimum support prices but also about the survival of the...

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Why Are People Going Hungry if India Has Surplus Foodgrain Stocks? -Prabhat Patnaik

-Newsclick.in A country that ranks 94 among 107 countries in the Global Hunger Index can’t be said to be self-sufficient in foodgrains. The surplus stocks are due to shortage of purchasing power in peoples’ hands. The Indian intelligentsia has an incredible propensity to swallow the self-serving arguments of metropolitan capitalism that are typically supposed to constitute ‘economic wisdom’. And nowhere is this more evident than in the case of India’s food economy. There...

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The Remedy to the Agricultural Crisis That No One Is Talking About -Prem Shankar Jha

-TheWire.in If Modi wants to pull India out of the ‘Cereals Trap’, the path lies through the creation of infrastructure for agriculture. Five weeks after the Farmers agitation began, and a day after the Supreme Court urged the government to put the three farm bills passed in September on hold, Prime Minister Modi has finally agreed to hold talks with their leaders. But what will he hold talks about when neither he, nor...

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