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An economist writes that India's agricultural producers have been implicitly taxed by export controls, stock limits and mandi restrictions. He argues that farmer incomes would improve through Farmer Producer Organisations rather than APMC mandis.
He calls for negotiators to find a compromise on the farm laws.
Liberalising Indian grain export and marketing rules would over time add supply to world markets. The commentary itself does not change current prices.
indianexpress.comAshok GulatiDec 29, 2020After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
