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The study revealed the strong impact of policy measures on production, procurement, stocks and trade. We detected several market distortions and mounting fiscal costs. Wheat and rice supply strongly and significantly respond to the minimum support price (MSP). Wholesale prices at planting or...
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This paper serves to disentangle the complex system of Indian food policies related to wheat and rice procurement, storage, distribution and trade. Using nationally aggregated time series data, these policies are econometrically analysed. Based on the estimation results, their market...
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"The surge in global commodity prices of the past few years has presented a tremendous development challenge for South Asian countries. The large loss of income from the terms of trade shock has worsened macroeconomic balances, fueled rapid inflation, and hurt growth. Although commodity prices...
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The Punjab Insurgency in India (1978-1993) took the lives of over 20,000 people. Yet, there has been little research on … the economic causes and consequences of the conflict in Punjab, which has been classified as a civil war and also an … insurgency. In this article, I delve into some of the reasons for why Punjab suffered such a prolonged and bloody insurgency …
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