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Showing posts from June, 2016

Indian Express Article - Food Inflation Hurting Quality of Life

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To read, Pl. click here: http://epaper.newindianexpress.com/c/11295650 To enlarge, click on the article..

New World Order (after NSG and BREXIT) and India

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NSG, BREXIT & International Treaties and India "Self-interest First" is the only Rule that drives the decisions at international forums Since 2000, I had an opportunity to work with many policy makers and ministers on various international trade issues and on WTO matters.  From the beginning I always I shared my views with  all  policy makers in open forums and in  close door meetings, please ensure that commercial and strategic interest  of India is protected. The problem with many policy makers in India is they want to project India as champion of certain cause at international level like leader of developing countries, leaders of agriculture economies, etc. etc. This is nothing but trying to remain in illusion to project that we have become global power without putting house in order. Sometimes to please big powers like US and EU. In last 16 years, it is proven fact there is no friendship when it comes to self-interest. On the other hand the big

Why Food Inflation is 'Key Parameter' for Political Success?

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Why Food Inflation is 'Key Parameter' for Political Success? Food Inflation is hurting quality of Life By: Vijay Sardana We need income to maintain our quality of Life. If there is inflation it makes things expensive and our purchasing power goes down and our quality of life suffers. In order to main the quality of life, our income either from salary or from interest on savings, must improve to compensate the inflation. If we are not compensated for inflation, the surplus disposal income, after spending on essentials of life like food, health, education housing will shrink. It means with less surplus income, the demand for non-essential items like travel, entertainment, services, luxury items, etc. will also go down. On one side this reduced the quality of life and on the other it reduces the demand for these non-essential industries. In inflation is high in essential items like food, health, education and housing this also has serious impact on public health,

India losing Bargaining Power in Global Pulses Trade

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India loosing 'Bargining Power' in Global Trade List of Countries Importing more than 10,000 tons of Pulses per year Compiled By: Vijay Sardana Commodity Market and Agribusiness Expert Government of India is claiming there is 50% more area under pulses cultivation. Let us assume that this will yield as per the expected performance. This will increase our pulses by about 2.5 million tons.   Even after the better MSP and more area under pulses, India will remain net importer. According to my calculation, India will be deficit by 5.6 million tons even after considering improved Rabi output. This can only be bridged provided we have technologies which can improve the yield by at least 50% on an average all over the country. T his development  i s not visible on horizon.  Pulses are becoming popular all over the world. India is only 30% of the world market and shrinking.  It is strange to see as the largest buyer of the product, India is not abl