-The Hindu Business Line Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announcements made by the Centre under the Atmanirbhar Bharat Abhiyan, was already proposed in January through the Mineral Laws (Amendment) Ordinance, 2020. What is it? These auctions invite participants to mine coal blocks by bids on the percentage value of coal sold that they will...
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The Fine Print of the Essential Commodities Act Ordinance Must be Carefully Parsed -Siraj Hussain
-TheWire.in More clarity is needed on what will be considered an export order in case stock limit has to be imposed. Out of the three game-changing Ordinances issued by the Centre on June 5, 2020, the shortest and the most critical to the future of investment in agriculture is “The Essential Commodities (Amendment) Ordinance, 2020”. The Ordinance seeks to specify and restrict the conditions under which the government will be empowered issue regulations...
More »Centre's Agricultural Marketing Reforms Are an Assault on Federalism -Pritam Singh
-TheWire.in ‘One India, One Agriculture Market’ slogan is an open declaration of the centralising objective of these reforms. The central government recently introduced major agricultural market reforms through three Ordinances: The Essential Commodities (Amendment) Ordinance 2020, The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020, and The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020. Since the inauguration of the Indian constitution on January 26, 1950,...
More »Ordinances on agriculture show unwise haste, may do harm along with good -Ajay Vir Jakhar
-The Indian Express Rather than coax the states financially to correct the markets, an unregulated marketplace has been created where 15 crore farmers will be exposed to the skulduggery of traders. Imagine the mayhem in stock markets if ROC and SEBI were similarly made redundant. Just as all Ordinances aren’t reforms, all reforms aren’t the “1991 moment” for agriculture. The Ordinances announced recently to facilitate trade in agricultural produce were historically resisted...
More »Will India's Contract Farming Ordinance Be a Corporate Lifeline for Agriculture? -Siraj Hussain
-TheWire.in Even though India has had a few relatively successful models, contract farming has failed to take off in a meaningful manner. Of the three agriculture-related Ordinances promulgated on June 5, 2020, the most predictable was ‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’. Put simply, it provides a legal basis to the existing practice of contract farming in India’s agriculture and allied sectors. In 2018, the Union...
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