-The Indian Express For a healthy agrarian sector, the state must strengthen and protect the position of the cultivator. As long as land acquisition continues at its current pace, there is little chance of that happening. As farmers from Punjab and Haryana force the central government into unconditional talks, demanding nothing less than a repeal of the three new farm laws, the BJP-led NDA government insists the reforms are “farmer-friendly”. The farm...
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MSP recorded sharper climb under UPA rule, data contradict Modi government -Kumar Vikram
-The New Indian Express Between 2006-07 and 2013-14, when the UPA was in power, there was a 90 to 205% rise in the minimum support price (MSP) of major crops, including paddy, wheat, arhar, gram, maize and masoor. NEW DELHI: After the fifth round of talks with agitating farmers, Union Agriculture Minister Narendra Singh Tomar on Saturday claimed that the current government has done more for farmers when it comes to minimum...
More »Why should Indian agriculture be liberalised when in most countries governments subsidise it? -Christophe Jaffrelot and Hemal Thakker
-The Indian Express Without some support from the state, the smallest of Indian peasants would be even more vulnerable. On September 27, President Ram Nath Kovind gave his assent to three contentious farm bills passed by Parliament — The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020 (FAPAFS), the Farmers Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 (FPTC) and the Essential Commodities (Amendment) Act, 2020...
More »Raghuram Rajan says proposal to allow business houses into banking is a 'bad idea' -J Jagannath
-Livemint.com The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank' New Delhi: Raghuram Rajan and Viral Acharya on Monday criticised RBI Internal Working Group's recommendation to allow Indian corporate houses to set up banks as part of proposed changes to the banking sector. Raghuram...
More »Did not ignore plight of borrowers, Centre tells Supreme Court -Krishnadas Rajagopal
-The Hindu Financial packages in place as early as March, court told The Centre took strong objection to averments made in the Supreme Court on Thursday that it would not have budged to protect borrowers from financial ruin triggered by the COVID-19 lockdown, had the court not intervened on time. Appearing before a Bench led by Justice Ashok Bhushan, Solicitor General Tushar Mehta said submissions like that were painted in “political colour”. Mr. Mehta...
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