Farmers' Protest: Eminent agricultural economist Ashok Gulati warned that Punjab's delay in pursuing diversification efforts by at least two decades poses a threat to future generations.
Speaking to CNBC-TV18, Ashok Gulati of Commission for Agricultural Costs and Prices explains how the government by changing its policy decisions can lead to a lower food inflation figure.
Ashok Gulati chairman of the commission on agricultural costs and prices, T Nanda Kumar, former agriculture secretary and Sonal Varma chief economist at Nomura discuss the nuances of the Food Security Bill on Indianomics.
Analysts suggest maintaining fiscal deficit at 5.3% will be a challenge for the finance minister.
Ashok Gulati, Chairman, Commission for Agricultural Costs and Prices, feels that the government will go ahead with the revised Food Security Bill in the upcoming Budget. Talking to CNBC TV18, he said the cost of implementing the Bill is not going to be less than Rs 1.20-1.25 lakh crore.
A discussion paper co-authored by CACP chief Ashok Gulati has exposed lacunae in the Food Bill and suggested further debate on long-term feasibility of the Congress' big-ticket social welfare programme.
With average rainfall shortage at 23%, worries are that this could tip the balance in an already precarious economic environment in the country.
In an interview to CNBC-TV18 Ashok Gulati, chairman of Committee for Agricultural Costs & Prices explained the process of fixing MSP and its impact on inflation.
The Food Security Bill has finally been cleared by the cabinet. In an interview to CNBC-TV18, chairman of the Commission for Agriculture Costs and Prices Ashok Gulati says, there are three major challenges that the government will face.
India is worried about the impact on inflation from rising farm labour costs, although a good harvest should dowse some of the fire in consumer prices, Ashok Gulati, chairman of the agriculture ministry's commission on farm costs and prices, said.