-The Hindu Business Line Clause for compensation panel, regulation of seed prices scrapped New Delhi: The revised draft Seeds Bill 2019, which the Ministry of Agriculture and Farmers’ Welfare placed in the public domain recently for suggestions and comments, seems to be a watered down version of a draft prepared about nine years ago by the then United Progressive Alliance (UPA) government. Among other things, the new draft has done away with the...

-Newsclick.in Even if the wage rates under MGNREGA are doubled and if jobs are provided for at least 100 days in a year as per the law, the extra expenditure would not exceed 1% of GDP. The growth rate is slowing down in India neither because of lower productivity of the labourers or that of the land, nor because of shortage of labour or productive capacity, but because of the lack of...

-Financial Express Robust production doesn't necessarily boost farmers' earnings. In the case of many crops, including oilseeds and pulses, the procurement levels are crucial and even the price support scheme sans procurement doesn't seem to be working on the groun The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved modest increases of 5-7% in the minimum support prices (MSP) for rabi crops for the 2019-20 season. Even as the winter sowing...

-Financial Express Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people. Indian-American Nobel prize winner economist Abhijeet Banerjee on Monday said that the government should make policies that work for the people, TV news channel CNBC TV-18 reported. There is a willingness to announce policies that sound good and serve the political purpose dictate their nature, he also said in...

-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...