-The Hindu Amid Trinmool-BJP clash in the Hooghly belt, Left revives former CM’s slogan, pushing for development. Singur: A pile of drain pipes surrounded by farmlands reaping a good potato harvest is all that remains on the 997-acre plot in Singur where the Tata Motors’ Nano factory once stood. It is almost impossible to locate the site of the factory whose structure was demolished by controlled explosions after the Supreme Court verdict in...
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Cutting across party lines, House panel tells govt to give effect to 1 of 3 farm laws -Harikishan Sharma
-The Indian Express The stated position of most of these parties is against all three laws; the Congress wants them repealed. The Standing Committee on Food, Consumer Affairs and Public Distribution, which has members from 13 parties including BJP, Congress, TMC, AAP, NCP and Shiv Sena, has asked the government to implement the Essential Commodities (Amendment) Act, 2020 in “letter and spirit.” The Act is one of the three contentious farm laws against...
More »Markets have failed to prop up farm incomes -Devinder Sharma
-The Tribune The economic argument in support of market reforms, claiming that farm incomes go up when the number of farmers recedes, has turned out to be untrue. America has lost more than 5 million farms in less than 100 years, and Australia 25 per cent of its farms between 1980 and 2002. The speed at which farmers across the globe have got out of Agriculture hasn’t increased farm incomes, but...
More »Are We Staring at Another Phase of Dilution of PDS in India? -Shinzani Jain
-Newsclick.in The NITI Aayog recommendations to reduce coverage under the NFSA are in tandem with liberalisation of Agriculture pushed forward by the government with the passage of three farm laws. On February 28, 2020, it was reported that the central government’s think tank, NITI Aayog, in a discussion paper recommended a revision in the coverage of urban and rural populations under the National Food Security Act (NFSA), 2013 to generate annual savings...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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