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Showing posts from December, 2015

In 2016, Food Inflation Management will decide Quality of Governance

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In 2016, Food Inflation Management will decide Quality of Governance By: Vijay Sardana International Agribusiness & Commodity Expert Blog: ‘Vijay Sardana Online’ It is high time to do the reality check before it is too late. I can also paint a rosy picture and create illusion that everything is good and great. Will it help the country?  We can choose to ignore the facts, but facts remain. Growing population, stagnant crop productivity, growing imbalance in food supplies, growing import dependency on pulses and edible oils, lack of feed and fodder for livestock sector, increasing labour cost, depleting natural resources like soil and water, rising pollution, poor agriculture infrastructure and essentials like irrigation and quality seeds will decide the food inflation in India. Lack of action on ground, poor extension services and lack of timely availability of quality agriculture inputs to farmers will add to pressure on food inflation. Per cap...

Food Inflation will derail Modi Development Model

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The Biggest Challenge for Modi Governance Model Food Inflation - Food Security - Farmers' Income crucial for Economic Growth Let us be clear that why Food Inflation, Food Security, Farmers' Income is and will remain be the biggest challenge for Mr. Modi. What percentage of income common man should spend on food? According to my understanding, if common man is spending more than 50% income on food, economy of that country will remain under pressure. Success of economic development depends upon surplus money in the hands of consumers after spending on basics like food, education and health.  The recent data on food inflation and industrial production data clearly indicates slow down is happening in Indian economy.  Industrial production is low because demand from consumers is going down. The surplus money to spend on non essentials is not there any more.  One can argue on media based on illogical justifications and statitics whether food is expen...