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Yogendra Yadav @_YogendraYadav
, 6 tweets, 3 min read Read on Twitter
That current market price are well below MSP is now accepted by media and admitted by govt officials.
Yet in this thread I respond to this critique of our data (not to personal innuendos, political rhetoric) in the hope of settling this point.…
Let's take first commodity in our table: Bajara
Step 1: we take arrival data of each state for 1-24 oct from official AgriMarknet website (screenshot),
Step2: we use this to compute total national arrival for this period (attached table)
Step3: we take monthly average price for October for each state from same source (it's already weighted by arrivals for each day and each mandi). Today's screenshot attached.
We don't use national average price from this table as that cell is simple, not weighted, average.
Step4: we calculate price realised by farmers in each state (total arrival * weighted average price), sum it & divide by total national arrivals in step2. This yields ₹ 1447 as National weighted average price(sheet attached)

Step5: same process repeated for all commodities.
This is our final table.
* A great deal of meticulous research has gone into our computation, much more than our critics have cared to put in
* Our data is mindful of elementary things like weighted average which our critics wish to teach

Hope the debate is settled.
Last time I responded to a critic, I had to teach him school maths, explain that no average can ever fall outside max-min range of data!

This time I will respond only if someone takes the trouble of doing alternative computation from authentic sources to dispute our figures.
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