-Hindustan Times While the government claims that these reforms will help farmers in getting a better price for their products, farmers’ groups have been agitating against these changes. In May this year, the government announced important reforms in agricultural markets. These included deregulation of farm foods from the Essential Commodities Act (ECA). Farmers were also allowed to sell their produce outside government-regulated markets, or Agricultural Produce Market Committees (APMCs). Another set of...
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APMCs losing trade share post reforms; crop arrivals fall as traders, farmers kick middlemen out -Nanda Kasabe and Deepa Jainani
-Financial Express Signs of a weakening of the Agriculture Produce Marketing Committee (APMC) networks are now evident across major farm production centres in the country, heralding an era of unfettered market access and bolstered bargaining strength for farmers. On June 5, the Centre promulgated three Ordinances reforming the country’s agriculture marketing, and their impact on the trade has been rather sudden and material: During the June 6-August 31 period, mandi arrivals of...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Essential Commodities (Amendment) Ordinance: A strong EC Act is still needed - Parikshit Goyal
-Down to Earth The ordinance does not expressly define ‘extraordinary circumstances’: Such legislative ambiguity makes one question the entire exercise of introducing this particular provision As the Union government announced massive reforms as part of the novel coronavirus disease (COVID-19) relief package, attention went to three agriculture sector ordinances related to farmers’ trade, contract farming and amendments in the Essential Commodities Act. While each of the three ordinances have far-reaching implications from legal...
More »Punjab Latest to Effect Labour Reforms; ‘Race to the Bottom’ in Labour Standards, Says Expert -Ronak Chhabra
-Newsclick.in Sundar believes this will result in the creation of “regional labour markets”, which will lead to “a race to reach the bottom of labour standards” among the states. The Congress-led Punjab government will soon bring an ordinance and become the latest state to effect labour law reforms, including eased retrenchment norms in the state, in a move that can be seen as following in the BJP’s footsteps to jump ranks in...
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