-Financial Express Prime Minister Narendra Modi’s road building scheme for rural India could also hold a key towards uplifting farm economy. FM in her budget announcement said that the centre will “encourage” state governments if they implement reforms for agriculture. Prime Minister Narendra Modi’s road building scheme for rural India could also hold a key towards uplifting farm economy. Under the third phase of PMGSY (Pradhan Mantri Gram Sadak Yojana), the government...
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Farmers' group not impressed with Union Budget 2020-21
-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
More »The draft seeds bill favours the industry over farmers -Suman Sahai
-Hindustan Times A 2001 law protects farmers’ interests. But the seeds bill neutralises many of the enabling measures granted in it There is a draft seeds bill awaiting Parliament, which seeks to replace the old Seed Act of 1966. A law regulating seed production and trade is needed to ensure that farmers are protected against spurious seeds, and that seed producers are obliged to put only seeds of good and reliable quality...
More »eNam should not be forced on farmers, says Sanjay Kaul -Suresh P Iyengar
-The Hindu Business Line Mumbai: Finance Minister Nirmala Sitharaman’s advice to State governments to dismantle the Agricultural Produce Market Committees and move on to eNAM (electronic National Agriculture Market) has raised many eyebrows as the three-year-old nascent online platform is still facing teething troubles. Addressing the sixth World Congress on Rural and Agricultural Finance earlier this week, Sitharaman said, “I want to place emphasis on eNAM. We are trying to get the...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
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