The Indian Economy Blog

Archive for the 'Agriculture' Category

Weekend Reading: 19 April, 2009

Monday, April 20th, 2009

Social entrepreneurship inching forward in India, albeit slowly and fitfully : India’s Spirit Of Business Booming Hygiene doesn’t make it too often to the media. However, as anyone who’s spent more than 24 hrs in India knows, the lack of adequate toilets is a huge, huge issue. Two links on that subject: Bloomberg – India [...]

Weekend Reading: 12 Apr, 2009

Monday, April 13th, 2009

India’s Underground & Hinterland seem to be the topics du jour :-) In the Wall Street Journal, Peter Wonacott says India Defies Slump, Powered by Growth in Poor Rural States. Rama Lakshmi of the Washington Post said as much last month: Vast Rural India Sparkles As an Expanding Market About 72 percent of India’s billion-plus [...]

Guest Post: Fighting Inflation The Wrong Way

Friday, May 9th, 2008

V Anantha Nageswaran A table of inflation rates in many countries around the world is beginning to reveal a disturbing picture. The lowest rate is found in Germany – at 3.0%. Many emerging countries that seem to be doing a truthful job are reporting inflation rates in excess of 10% and some in excess of [...]

From Helping Farmers To Hurting Them

Tuesday, April 8th, 2008

Who gets hurt when grain exports are banned? Swaminathan Iyer took the words out of this bloggers mouth. The UPA government, he writes “has suddenly shifted from protecting Indian farmers against cheap imports to protecting the consumer by cheapening imports”. He is referring to the ban on rice exports (which follow the export of wheat [...]

Farmers And Loans

Friday, February 29th, 2008

So the UPA government is set to improve credit availability (and write off loans) for farmers. Laveesh Bhandari tells you why, if improving the livelihood of farmers is a policy goal, the Manmohan Singh and P Chidambaram are barking up the wrong tree. Here lies the crux of the matter. If use of new seeds, [...]

On Dumping Tomatoes, Burning Wheat And Leaving Stands Unsold

Thursday, February 14th, 2008

About a month back, I’d written that farmers in Karnataka, when faced with a glut in the tomato crop, elect to throw sack loads of tomatoes on the highways, rather than selling them. During the great depression in America, sack loads of wheat were burnt in order to prevent wheat prices from falling. During the [...]

Capital Investment: The Next Wave of Growth

Saturday, February 9th, 2008

Chandra Kochar, joint managing director and chief financial officer of India’s largest privately owned bank, $80 billion ICICI Bank, is bullish on India growth story. She contends that the growth in India is shifting from consumerism to manufacturing and infrastructure. In the last five to seven years, India has grown on the basis of its [...]

The Sugarcane Mess

Saturday, November 17th, 2007

The situation with the sugar industry has gotten more bizarre, with the Allahabad HC stepping in and mandating that the mills buy sugarcane at Rs. 110 per kilo and start processing. While on first thought, it seems quite funny that the high court is getting into matters it shouldn’t get into, such as fixing of [...]

The Full Monty

Friday, August 31st, 2007

Let’s have unilateral trade liberalisation Abi is right. Dweep didn’t go far enough. What India needs to do is to say “to hell with the WTO” and unilaterally, completely, dismantle trade barriers. For that matter, so does everyone else. Here’s Sauvik Chakraverti on the topic on TCS Daily: Unilateral free trade is a very good [...]

Why India Should Not Demand Cuts in Agricultural Subsidies

Wednesday, August 29th, 2007

Earlier this year the Doha round of WTO trade negotiations collapsed (again) after the US, Europe, India, and Brazil were unable to reach a reciprocating agreement on cutting farm subsidies in the west, and lowering industrial goods and service barriers in the developing world. India and Brazil blamed the US and Europe for not lowering [...]

Income Inequality In Asia – II

Wednesday, August 8th, 2007

The ADB has just released a report titled “Key Indicators 2007: Inequality in Asia” (covered in IHT and BBC). The report concludes that the gini index, a measure of relative inequality had grown in all 15 countries studied, since the 1990s. More alarmingly, absolute inequality had grown even more. The bank identified the trend as [...]

Pragati – The Indian National Interest Review

Monday, August 6th, 2007

Pragati – The Indian National Interest Review is a monthly magazine on strategic affairs and public policy; and is devoted to promoting economic freedom, an open society and realism in international relations. It regularly features articles and essays from many IEB bloggers. You can download and subscribe to the free digital community edition of the [...]

Wheat Procurement And Derivatives Markets

Wednesday, July 18th, 2007

So the government has done it again. After managing to procure only about 11 million tons out of the targeted 15 million tons from our farmers, the government has gone ahead and imported about half a million tons from the international market at a much higher price. A process which, in its entirety, ends up [...]

World Bank Offers $600 Million Loan To India

Thursday, June 28th, 2007

BBC News is reporting the World Bank has approved a USD 600 million loan to India, aimed at “helping millions of poor farmers across India” (original report at Reuters). The money will go to supplement a government sponsored program, worth USD 3.32 billion, to refinance India’s cooperative banks, which would then offer cheaper loans to farmers. [...]

Protect The Chain, But At What Cost?

Tuesday, May 29th, 2007

Recently the West Bengal West Bengal State Marketing Board chairman Naren Chatterjee had to say this about Metro’s entry into the state, “have heard that they will sell directly to the trade then what will happen to the people in the chain, they will become jobless. We will not allow any one who disturbs the [...]

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