-Hindustan Times In Punjab, 90% of the agri produce is traded at markets regulated under the Agriculture Produce Marketing Committee (APMC) Act by licensed commission agents. Bihar abolished the APMC Act in 2006 and traders and private players can buy produce directly from farmers. Farmers in fully regulated agriculture markets in Punjab got 30% more price for their produce in 2018-19 than those in totally unregulated markets in Bihar and partially regulated...
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Criminal leaders rise during mining booms -Tauseef Shahidi
-Livemint.com A new study from India links the rise in mineral prices to the electoral success of politicians with violent crime records The mining sector in India has earned a bad name for itself due to its frequent links with corruption and crime. Bribes are often given away for licences and approvals, and whistleblowers risk violence. A new study has found that a boom in the mining sector can even be linked...
More »Real power is with Centre, which holds the purse-strings in these fiscally-challenging times -Harish Damodaran
-The Indian Express Post 2014, two centralisations — of political and economic power — continue to reinforce each other, with profound consequences for the country and potential to define popular narrative in days ahead. The return of single-party dominance and its implications for politics after nearly 25 years of minority/coalition governments at the Centre (December 1989-April 2014) has been widely commented upon. As have concerns over rising corporate market power and their...
More »Why Farmers Are Worried About New Laws; It’s The History -Monika Mandal
-IndiaSpend.com The new farm laws that aim to double farmers’ income in two years by deregulating agricultural markets may further widen the inequalities in the sector, shows our analysis of similar legislations from the past. By weakening the government’s price guarantee system, the laws may end up hurting small and poor farmers, who form 80% of the sector and 23% of those who live below the poverty line, say critics. The privatisation...
More »From RBI & govt banks to LIC, Rs 205 crore to PM Cares from salaries -Shyamlal Yadav
-The Indian Express The Prime Minister’s Office, which manages the fund, has declined to furnish details of contributions received, saying that PM CARES is “not a public authority under the...RTI Act”. IT’S NOT just a wide range of central educational institutions, at least seven public sector banks, seven other leading financial institutions and insurers, and the RBI, have together contributed Rs 204.75 crore from their staff salaries to the Prime Minister’s Citizen...
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