COVID-19 induced lock down has disrupted the food markets and commodity prices in India. This paper uses evidence from the official statistics on daily wholesale and retail prices (n=284) for major commodities by adopting interrupted timeseries analysis (ITSA). The results revealed that prices...

In this paper we study the impact of rising wages on Indian agriculture by measuring the responses to output prices and wages of output, and of both variable and quasi fixed factors. Raising output prices to compensate for rising wages is an unattractive policy, because the medium-term...

COVID-19 incidence in India, impacted the food market, wheat in particular, as the crop harvest coincided with the lockdown disrupting the supply chain and prices posing a few researchable issues - the lockdown effect on wheat supply chain; how the state intervention bolstered the sector to...

With increasing farm distress in the wake of falling farm prices in 2017, the State Government of Madhya Pradesh (GoMP) came out with an innovative scheme called Bhavantar Bhugtan Yojana (BBY), a price deficiency payment (PDP) scheme, to support farmers. It covered eight Kharif crops in 2017-18...

The thrust of agricultural policy during the sixties and seventies was towards restriction on trade. While this might have been the justified in the years of shortages the present trend towards surplus production of foodgrains necessitates a review of such restrictive policies. Also agricultural...

The wholesale milk markets in India are correlated with varying degrees of integration. The wholesale milk markets of Delhi, Kanpur and Chennai hold weakly exogenous relationship. This has a strong policy implication. These markets offer more stable and relatively less risky milk markets to the...

COVID-19 pandemic has disrupted the Indian agricultural system extensively. Nevertheless, the recent quarterly GDP estimates post-COVID scenario showcase robustness and resilience in Indian agriculture, the only sector to register a positive growth of 3.4% during the financial year (FY here...

In this paper we estimate the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices from close to 3000 regulated markets in India for 35 major agricultural commodities for the...

Exogenous shocks of market expansion and trade oriented economic reforms initiated during 1990's and combined after 2004-05 with price increase and higher public investment, accelerated aggregate output growth, enhanced resource productivity, and improved private investment in agriculture. The...

The present study is in the context of the newModel Agricultural Produce Market Committee (APMC)Act 2003, which aims at freedom of farmers to sell their products to the large private firms and bringing reforms in the wholesale Cash and Carry and retail markets in India. The most important...