Vijay Sardana Online

Even e-NAM is no MSP guarantee for Farmers

TV Program:   More Production, More Suffering for Farmers

Role of India’s Agriculture Trade in Doubling Farmers' Income Do we have surplus food to trade? Why we are losing global market share faster than China, even after 'Make in India' as focus of policy initiative? Why so many consignments are facing rejection, when so many certification agencies and laboratories are claiming they are doing good job? There must be proper investigation of all consignments facing rejection in world market and accountability should be fixed. Please see the month-wise data for rejections in 2016 by US-FDA. Pl. note China's agri-food exports is more than double than India to USA. Why Agri-food based exports are going down? Why Agri-food based imports are going up? Why only selected fruit size is allowed for international trade? Why farmers will grow other varieties if there is no market for them? Will this help in preserving bio-diversity and sustainability agenda or this will promote mono-culture? Who...

Market opening for new players in futures to precede options; considering allowing PE, VCs first

SEBI initiates process to integrate commodity spot and derivatives markets

Need for Fair, Reasonable & Non-Discriminatory ( FRAND ) Approach in IPR Issues for Equitable Growth Policy Discussion Paper for Agriculture, Biotechnology & Information Sector By: Vijay Sardana Disclaimer: Views are personal. Constitutions and global trade laws stress the need for a fair and equitable trading regime for all, the modern days’ technological approach is working against these principles. It is high time we must explore the options how to address these challenges and address the changing aspiration and desires of society and ensure fair and equitable opportunities for all. It is important for the policymakers to ensure that there is fair and equal opportunity for all and no monopolistic power can disrupt these balances. Reasonable and non-discriminatory terms   ( RAND ), also known as   fair, reasonable, and non-discriminatory terms   ( FRAND ), denote a voluntary licensing commitment that   standards organizations   often ...

Govt. to Supreme Court - Govt. Cannot Guarantee Farmers Income MSP cannot be 50% more than cost of produce, (but MSP is also not ensured), says Centre to SC Farmers' plight has worsened due to the non-remunerative nature of agriculture but the Centre on Friday told the Supreme Court that it would not be able to enhance the minimum support price (MSP) for agricultural produce to be 50% more than the input cost.  A PIL filed by Consortium of Indian Farmers Association had complained that agriculture had become non-remunerative and was driving farmers to borrow heavily from local money-lenders.  Unable to repay loans, farmers were committing suicide, it said. Suggesting a quantum jump in the MSP to help them overcome their pitiable financial condition, the association had demanded implementation of the National Policy for Farmers.  Appearing before a bench of Justices S J Mukhopadhaya and N V Ramana, additional solicitor general Maninder Singh submitte...

Real or Nominal Income?  Which farm income government will double in 5 years?

Why India Lags behind in Competitive World Market?

Why Economic Survey & Budget 2017-18 silent on Food Security Plan and Implementable Agriculture Policy? Has government lost the food security plan for India? By: Vijay Sardana Food insecurity as a state in which “consistent access to adequate food is limited by a lack of money and other resources at times during the year.” Good shorthand terms for food insecurity are “struggling to avoid hunger,” “hungry, or at risk of hunger,” and “hungry, or faced by the threat of hunger.” Every government claims that it is doing great job in the interest of country and people of India, irrespective ideology and political affiliation, but the facts on ground are far from satisfactory on most parameters which are concerned to common man when we compare with other countries. We have seen some good initiatives in all sectors and radical steps like demonetization in last one year. Budget also made lot of good announcements to please urban citizens after the shock of demonetizati...

Government proposes Integration of spot and derivative commodity markets An expert committee will be set up, more funds proposed for mandis joining e-NAM Rajesh Bhayani, Mumbai, Business Standard, February 01, 2017 Finance Minister Arun Jaitley has proposed to integrate spot and derivatives commodity markets. In his budget speech, he said: “The commodities markets require further reforms for the benefits of farmers. An expert committee will be constituted to study and promote the creation of an operational and legal framework to integrate spot market and derivatives market for commodities trading. e-NAM would be an integral part of such framework”. The move is seen as a radical step to reform commodity trading in the country. Agriculture is a state subject but if the trading platform is one then it has to be dealt with a separate set of regulations which do not exist at present. The derivatives market has established regulations and infrastructure for commodity grading, ass...