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Shashanka Bhide is currently Senior Research Counsellor at NCAER, New Delhi. Trained as an agricultural economist he has worked in a variety of applied economics areas, ranging from macroeconomic modelling, forecasting and poverty analysis to infrastructure development and agriculture. He received his Ph. D in Agricultural Economics from Iowa State University, US, M.Sc from Indian Agricultural Research Institute, New Delhi and B.Sc from University of Agricultural Sciences in Bangalore. He has published in academic journals, co-authored a book on an econometric model for India and two books on India’s state economies.

Food output: Demand-supply paradigm

The new food security schemes point to the capacity of agriculture to produce more when the incentives are right. Supply of cheap foodgrains will trigger demand for other food products, which the farm sector will have to meet. »

Budget and farm sector issues

A Budget that works for agriculture would be one that enhances investment in farms, spurs market intermediaries to improve their services, and brings about price stability. It should nudge policies towards more integrated markets. »

Case for generic farm policies

The diversity of production conditions needs to be recognised and the potential for increased productivity across regions tapped better. »

Dealing with food price shocks

Reforms in agricultural marketing should include providing information on stocks held by distribution intermediaries. Fair and competitive practices should be regarded as the norm for all times, and not only in abnormal conditions. »
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