-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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The men behind APMC, MSP and procurement -Harish Damodaran
-The Indian Express The idea of a Minimum Support Price for crops came first from a visiting US soil scientist and fertiliser expert The institution of ‘mandis’ is as old as markets where wholesale trading in primary produce has been taking place since time immemorial. APMCs or Agricultural Produce Market Committees are of more recent vintage and the creation of Sir Chhotu Ram. In 1939, the legendary farmer leader, as Development Minister in...
More »Contraction of the Economy and the Impending Job Crisis -Satyaki Roy
-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided...
More »Right to Food Campaign opposes all the three farm bills passed by the Parliament
-Press release by the Right to Food Campaign dated 26th September, 2020 The Right to Food Campaign opposes all the three farm bills passed by the Parliament and urges the President of India to not give his approval to these bills. The Right to Food Campaign believes that the Union Government instead of protecting the rights of farmers by giving appropriate price for farm produce, strengthening Mandis and ensuring a system...
More »Sowing seeds of doubt: Farm Bills leave farmers, commission agents and workers worried -Vikas Vasudeva
-The Hindu Farmers in Punjab are worried about the implications of the three new farm bills that will allow them to sell their produce directly to private players. Vikas Vasudeva reports on the concerns of farmers, commission agents and workers despite the government’s assurances that the legislation empowers them In June 2020, 55-year-old Shingara Singh in Fatehpur village in Patiala, Punjab, sold his spring season maize crop at ₹700-₹800 per quintal, far...
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