support price (MSP). Wholesale prices at planting or lagged harvest time prices are largely irrelevant for production. The … Food Corporation of India's (FCI's) procurement volume is driven by the production level and the difference between the MSP … and market price. The signs of the estimated price elasticities of demand are consistent with the theory; however, for …

impact of such a price rise has important policy and regulatory implications. In this paper, we have analysed the welfare … effect of a price rise of staple food items among Indian rural farmer households using the net benefit ratio (NBR) criterion … households in India. Our main conclusions are that (i) both poor and rich farmer households who are net producers benefit from …

domestic consumption, India developed a large wheat deficit because of reduced price incentives, weak yield growth, and rising …During 1998-2002, India experienced record public surpluses of wheat and rice, sharply higher government grain subsidy … subsidized consumption. The pronounced market cycles and declining per capita consumption for India's major food staples are …