India's recent move against the country's old currency notes is having a profound effect on farmers who bring their produce to market as well as truckers transporting perishable goods. Meanwhile, GOI has taken a step to strongly incentivize the production of more food grains. 2016/17 Rabi Season Minimum Support Prices Increased As a way to strongly incentivize farmers to produce more food grains, including wheat, oilseeds and pulses, the government of India (GOI) announced an overall increase in Minimum Support Prices (MSPs). This is based on the recommendation of the Ministry of Agriculture’s Commission for Agricultural Costs and Prices (CACP).The MSP for pulses, one of India’s main imports, saw the biggest boost at 16.17 percent...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.