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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Campaign to highlight plight of frontline women workers -Jagriti Chandra
-The Hindu Several trade unions, feminists and research groups and policy advocates have come together on International Women’s Day to campaign for the rights of anganwadi workers, helpers and ASHAs with Members of Parliament and to highlight their plight during the pandemic. The Frontline Workers’ Solidarity Campaign will be addressing several MPs as Parliament reconvenes for the second part of the Budget Session on Monday. The drive is being spearheaded by Feminist...
More »U.S. trade report flags challenges from ‘Make in India’ policy -Sriram Lakshman
-The Hindu The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s policies “trade-restrictive” and saying the “Make in India” campaign epitomises the challenges to the trade...
More »Agriculture Ministry’s Claim on Farm Bill 'Consultations' Runs Contrary to its RTI Reply -Gaurav Vivek Bhatnagar
-TheWire.in The Centre claimed in the Supreme Court that efforts had been made to speak to stakeholders before the laws were passed. Why, then, does the agricultural ministry have no record of these efforts? New Delhi: In an affidavit filed before the Supreme Court on Monday, the Centre claimed that “serious, sincere and constructive efforts [were] made by the Central Government to engage with the limited number of protesting farmers who are...
More »WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using Trade Policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
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