-The Hindu It can be made workable if there is political will and fiscal resources As economies around the world struggle to recover from the double whammy of a pandemic and a lockdown, unemployment is soaring. In India, the land of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the promise of jobs and the politics of unemployment have a long history. Can a citizen demand work as a right, and...
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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),...
More »Farm bills: First principles and the Political Economy of agricultural market regulation -Shoumitro Chatterjee
-IdeasforIndia.in Wrapping up the Symposium on farm bills, Mekhala Krishnamurthy and Shoumitro Chatterjee contend that regulatory reforms are an important but limited part of what must be both a more comprehensive and contextual approach to policy design and implementation. Moreover, when it comes to markets, it is crucial to think through what market regulation can and cannot do and to understand the role that mandis play in India’s agricultural marketing system. Over...
More »Bihar economy: Dragged by legacy issues, a slow, steady progress -Aashish Aryan
-The Indian Express Nitish’s 15 years have seen high growth, especially in welfare indices, spending; industries slower to catch up. New Delhi: As Bihar heads into an election that promises to be a battle of proxies fought between former and present allies, on the state’s economic conditions alone, Chief Minister Nitish Kumar seems to have a clear edge. The state has improved in the last five years in terms of growth of...
More »Political Economy of Agricultural Market Reforms: Analysis of the Farming Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 -Vikas Rawal, Suvidya Patel and Jesim Pais
-Vikalp.ind.in While the country is grappling with the COVID-19 pandemic and the economy is in doldrums, the central government, instead of taking measures to provide immediate relief to the distressed population, has used the opportunity to introduce sweeping changes in the regulatory framework of the agricultural marketing system of the country. On June 3, 2020, the Cabinet approved three ordinances. These ordinances were converted into Acts after they were passed, under...
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