-The Hindu First imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and retailers until the end of the year to prevent hoarding. This is the first time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale Traders will not...
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Bihar Shows What Happens if Agri-Trade is Left to ‘Free Market’ -Subodh Varma
-Newsclick.in In 2006, chief minister Nitish Kumar scrapped the APMC Act in Bihar and the destructive effects can be seen in the seething anger amongst farmers. What the Narendra Modi government recently did through passing laws to deregulate agricultural trade, Bihar chief minister Nitish Kumar had accomplished 14 years ago, in 2006. Soon after becoming chief minister in alliance with Bharatiya Janata Party (BJP), he scrapped Bihar’s Agricultural Produce Marketing Committee (APMC)...
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...
More »CCI centres few and far away, Haryana cotton farmers forced to sell to pvt players at low prices -Sukhbir Siwach
-The Indian Express This year, the Haryana government had claimed that there would be 40 procurement centres of CCI, but official sources in CCI said that till now, only 17 centres have become functional in the state, which is just two more than the centres set up in 2019. Chandigarh: “How could I have taken my 10 quintals of narma cotton to Dhigawa mandi, which is 60 km away, to get minimum...
More »Farm Act wants farmers to sell outside mandis, but most already do so -Vignesh Radhakrishnan, Sumant Sen and Naresh Singaravelu
-The Hindu Majority of farmers unaware of MSP programme, say latest available survey data One of the chief aims of The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 is to unshackle farmers from notified markets. Prime Minister Narendra Modi said that small and marginal farmers “for the first time, have got an alternative to bargain for the price of their produce. The tradition earlier was to sell in mandis.” However, latest...
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