Agriculture
 
Facilitating investment in organic food business through the right policies
Souvik Dutta , Arpita Mukherjee
Posted on: 25 Sep 2017
Topics:   Agriculture
Tags:  

The Indian government has undertaken several policy initiatives to promote organic farming and organic food exports, and many domestic and foreign companies have responded positively to these measures. This column reports findings from a survey of 75 companies that sought to understand their views on the growth potential of this sector and what policies can support the growth.
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Middleman margins and market structure in West Bengal potato supply chains
Sandip Mitra , Dilip Mookherjee , Maximo Torero , Sujata Visaria
Posted on: 22 Sep 2017
Topics:   Trade , Agriculture
Tags:   West Bengal

Potato farmers in West Bengal sell to local middlemen because they lack direct access to wholesale markets. Middleman margins are large and there is negligible pass-through from wholesale to farm-gate prices. Farmers are uninformed about downstream wholesale and retail prices. This column finds that providing farmers with wholesale price information has negligible average effects on farm-gate sales and revenues, but increases pass-through from wholesale to farm-gate prices.
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Climate change: The potential impact on global agricultural markets
Arnaud Costinot , Dave Donaldson , Cory Smith
Posted on: 07 Jul 2017

Many fear that climate change will have severe effects on the global economy, particularly through the threat to food production and farmers’ earnings. This column suggests that much of the potential harm could be avoided if farmers can switch their crops in response to changing relative yields. But it is ‘intra-national trade’ – trade among farmers and between farmers and consumers within countries – rather than international trade that will be crucial in alleviating the consequences of climate change.
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Good monsoon, bad test scores? Substituting away from schooling
Manisha Shah , Bryce Millett Steinberg
Posted on: 27 Jun 2017
Tags:   schooling

Good monsoons in India raise agricultural productivity and hence, bring added work and higher wages. Is this extra work at the expense of schooling for poor children? This column finds that increased household income benefits younger children as more can be invested in their human capital; however, older children may substitute away from schooling into domestic work, farm work, or wage labour, in response to higher wages.
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Hazards of farm loan waivers
Tanika Chakraborty , Aarti Gupta
Posted on: 23 May 2017

In theory, debt waivers are expected to induce the optimal level of effort from the debtor for loan repayment. However, repeated waivers may distort household expectations about credit contract enforcements in the future. This column analyses the effect of Uttar Pradesh’s state-level debt waiver programme – announced right after India’s nationwide Agricultural Debt Waiver and Debt Relief Scheme – on consumption and investment behaviour of households.
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How agricultural debt waiver impacts beneficiary households
Mrinal Mishra
Posted on: 02 Feb 2017
Topics:   Finance , Agriculture

How a large-scale and unanticipated debt-relief programme impacts beneficiary households is a question that has not been clearly answered by the existing literature. This column analyses the impact of India’s Agricultural Debt Waiver and Debt Relief Scheme of 2008. It finds that beneficiary households increase precautionary savings by increasing investment in jewellery as they anticipate higher credit constraints in the post-waiver period. Consumption levels remain unaffected.
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Unified agricultural markets: Where are the reforms lacking?
Nidhi Aggarwal , Sargam Jain , Sudha Narayanan
Posted on: 02 Jan 2017
Topics:   Agriculture
Tags:   Karnataka , IT

In April 2016, Modi government launched the e-National Agriculture Market (e-NAM) platform – a pan-India electronic marketplace for trading of agricultural commodities. However, rather than ushering in a revolution, concerns have been raised regarding lack of traded volumes on the platform. To understand the reluctant progress of e-NAM, this column analyses the experience of the state of Karnataka that embarked on agricultural market reforms in 2007.
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Happy Seeder: A solution to agricultural fires in north India
Ridhima Gupta , E. Somanathan
Posted on: 12 Nov 2016

It is believed that much of the pollution in Delhi in November every year originates in the neighbouring states of Punjab and Haryana where farmers burn their fields to dispose of crop residue. This column discusses a simple, practical and cost-effective solution to deal with the problem.
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Kisan Credit Card programme: Expanded access to credit or expansion of credit?
Somdeep Chatterjee
Posted on: 03 Nov 2016
Topics:   Finance , Agriculture

Kisan Credit Card programme - a key reform in agricultural lending in India - has been operational for almost 20 years now. However, there is little empirical evidence of its impact on intended beneficiaries. This column finds that the programme has had significant positive impact on agricultural production and technology adoption. It is likely that the channel is enhanced borrowing ability of the already unconstrained, rather than expanded access to credit.
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Are grain procurement shocks inflationary?
Chetan Ghate , Sargam Gupta , Debdulal Mallick
Posted on: 17 Oct 2016

Central banks in emerging markets grapple with understanding the inflationary impact of grain procurement shocks because the precise link between the agriculture sector and the rest of the economy may not be well understood. This column presents a framework to understand how the government’s grain procurement policy in India can be inflationary, and what the appropriate monetary policy response should be.
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