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How India Was Stripped of Its Atmanirbharta in the Edible Oil Industry -BM Vyas and Manu Kaushik

-TheWire.in The rise and fall of the biggest importers of edible oil in the world. ‘Freedom is the greatest fruit of self-sufficiency’ – Epicurus The COVID-19 pandemic has been detrimental for globalisation and has led to a clamour for protectionism. India’s national strategy is also in line with this trend with calls for ‘Atmanirbharta’ and ‘vocal for local’ increasing. Traditionally, India was an exporter of edible oil before Independence, became self-sufficient post-Independence (till the early 1970s),...

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Fixing the rules of the economy -Arun Maira

-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...

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Bihar Elections: Why Jobs Have Become the Key Issue -Subodh Varma

-Newsclick.in Double digit jobless rate, crashing women’s employment and absolute fall in number of employed have left people in th state devastated – and furious. Unemployment, it is often said, is death by a thousand cuts. It pushes families into hunger, snatches away children’s education, prevents medical care, and propels people into debt. And, if you are already poor and disadvantaged and living on the edge, unemployment is like a death sentence. A...

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Guidelines for promoting FPOs a bureaucratic maze -T Nanda Kumar

-Financial Express The current guidelines may not inspire confidence among farmers on entering into collective enterprises. Prime minister Narendra Modi, in his address commemorating 75 years of the UN’s FAO, reiterated India’s commitment to enhance its farmers’ income. He also reiterated the resolve to create 10,000 additional Farmer Producer Organisations (FPOs), one of the main pillars in the proposed transformation of the agri-economy. Will his futuristic vision result in creation of successful...

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70% of households paid 25-100% more for tomato, potato and onion this year: Survey -Prashasti Awasthi

-The Hindu Business Line More than 16,000 responses from citizens across 242 districts were received Mumbai: Community social media platform LocalCircles conducted a survey to understand how much extra people were paying to purchase a kilogram of onions, potatoes and tomatoes. This comes as consumers show discernment over the rising price of these vegetables for the last two months. The survey also intended to understand the average amount a household paid this year...

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