Singh bling Posted March 4, 2019 Posted March 4, 2019 https://indianexpress.com/article/india/farm-income-growth-slumps-to-a-14-year-low-in-oct-december-2018-5608550/
mishra Posted March 4, 2019 Posted March 4, 2019 39 minutes ago, Singh bling said: https://indianexpress.com/article/india/farm-income-growth-slumps-to-a-14-year-low-in-oct-december-2018-5608550/ Is that good or bad thing? iirc someone on this forum was arguing about blackmoney being turned into white via "Farm Income" Out of this thread.
surajmal Posted March 4, 2019 Posted March 4, 2019 (edited) Income growth slump is due to inflation control plus not enough cold storage and food processing places coming up fast enough to take care of the excess production resulting in spoilage. Edited March 4, 2019 by surajmal
Real McCoy Posted March 5, 2019 Posted March 5, 2019 18 minutes ago, Aiden said: No wonder Modi is creating war hysteria to hide the failures of his government. No ache din for farmers he promised. Let Indians worry about Modi or Rahul. Its not your matter to discuss as a Pakistani. Don't be nosy. Stradlater and Turning_track 2
Mariyam Posted March 5, 2019 Posted March 5, 2019 9 hours ago, surajmal said: Income growth slump is due to inflation control plus not enough cold storage and food processing places coming up fast enough to take care of the excess production resulting in spoilage. Just thinking out loud here: If there aren't enough cold storage units and food is being wasted, why should the income slump? It would stay constant, given that actual production is same (guessing) and demand would have had an organic increase. Price of food has more or less plateaued over the last 18 months as efforts to control inflation, which you mentioned.
Trichromatic Posted March 5, 2019 Posted March 5, 2019 3 hours ago, Mariyam said: Just thinking out loud here: If there aren't enough cold storage units and food is being wasted, why should the income slump? It would stay constant, given that actual production is same (guessing) and demand would have had an organic increase. Price of food has more or less plateaued over the last 18 months as efforts to control inflation, which you mentioned. Income has not slumped, growth in income has slumped. mishra and Mariyam 1 1
velu Posted March 5, 2019 Posted March 5, 2019 in one of the quarterly results of kscl , they mentioned world production of grains and food items are the highest ever in 2017/2018 .. If 50% of the people depends on agriculture which accounts for 10% or less gdp, then most of them will be screwed Clarke 1
Mariyam Posted March 5, 2019 Posted March 5, 2019 20 minutes ago, Trichromatic said: Income has not slumped, growth in income has slumped. Right. My bad. I feel stupid now.
velu Posted March 5, 2019 Posted March 5, 2019 43 minutes ago, Mariyam said: Right. My bad. I feel stupid now. science vs arts students
Tibarn Posted March 5, 2019 Posted March 5, 2019 Can't have all three: 1) Lower inflation 2) Higher MSP 3) Higher farm income growth Mariyam, mishra and jusarrived 1 1 1
Mariyam Posted March 5, 2019 Posted March 5, 2019 7 hours ago, Tibarn said: Can't have all three: 1) Lower inflation 2) Higher MSP 3) Higher farm income growth Is this your version of the Mundell-Fleming trilemma?
surajmal Posted March 7, 2019 Posted March 7, 2019 On 3/4/2019 at 11:19 PM, Mariyam said: Just thinking out loud here: If there aren't enough cold storage units and food is being wasted, why should the income slump? It would stay constant, given that actual production is same (guessing) and demand would have had an organic increase. Price of food has more or less plateaued over the last 18 months as efforts to control inflation, which you mentioned. Actual food production has been going up consistently. Simple S-D curve >> Supply side up but demand isn't going up at the same rate since not enough cold storage units or food processing plants. Call it inventory. No buyer >>> spoilage or prices per unit fall or not increase in congruence with cost of living index. Even increase in exports is going to require greater industrialization of food processing industry. MP elections lose for BJP was actually because farmers weren't getting per acreage price of yesteryears (MP was getting bumper crop year after year). Mariyam 1
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