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From PM economic council to Niti Aayog, growing disquiet over Govt tight fist -P Vaidyanathan Iyer

-The Indian Express Advisors urged fiscal push in form of wage subsidy, rural infrastructure Speaking to The Indian Express on September 26, Union Finance Minister Nirmala Sitharaman said that she is open to “the need for further stimulus” and its timing. That may not be much of an assurance given the growing sense of disquiet in expert bodies including the Prime Minister’s Economic Advisory Council, the Niti Aayog and the Chief Economic Advisor’s...

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Three Farm Bills and India’s Rural Economy -Vijay Jawandhiya and Ajay Dandekar

-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...

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What economists like Ashok Gulati still don’t understand about Agriculture in India -Yogendra Yadav

-ThePrint.in Indian farmers have read the writing on the wall. India’s economists have not. Do Indian farmers understand the agrarian economy better than Ashok Gulati? Ridiculous as it might sound, the answer could well be: yes. Professor Ashok Gulati is the leading agricultural economist in India, and among the scholars I read, consult and respect. He combines solid scholarship with genuine concern for the farmers. He has the spine to stand against governments...

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An Expert Explains: Farm Acts and federalism -Faizan Mustafa

-The Indian Express As Opposition and regional parties protest the contentious farm laws, now challenged in Supreme Court, engaging with the key question: Does the enactment of the laws violate the federal principle? On Sunday, the President gave assent to the controversial farm Bills passed by Parliament last week. Amid protests by farmers’ organisations across the country, Chhattisgarh, Maharashtra, and Punjab have said they might not implement the new laws, Kerala and...

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Is This the Market Reform Indian Agriculture Needs? -Sudha Narayanan

-TheIndiaForum.in The rules of the game in markets have changed dramatically. But there are problems with the fundamental premise of the approach, there are doubts about the future of state intervention & there are major lacunae in the bills, all making the outcome uncertain. On 5 June 2020, amidst growing concern over the seismic collapse of the economy and the spread of the Covid-19 pandemic, the Government of India promulgated three ordinances...

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