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Paddy Prices Have Crashed Below MSP in Many States -Subodh Varma

-Newsclick.in This is because the new farm laws have already paralysed mandis and traders are buying up paddy at lower prices. Even as farmer protests against the three new farm laws entered the 17th day, information available for mandis (wholesale markets) shows that a large proportion of this year’s paddy crop is being bought from farmers at much below the government declared Minimum Support Price (MSP). This could be attributed to the...

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Study points towards hunger and destitution amidst hope for a V-shaped economic recovery

Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...

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CEA Subramanian asks NSC to make junked consumer spending report public -Somesh Jha

-Business Standard The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18. Chief economic advisor (CEA) Krishnamurthy Subramanian has asked the National Statistical Commission (NSC) to make public the 2017-18 consumer spending survey data. “The government had decided to not release the consumer expenditure survey report. But, earlier this year, NSC Chairman Bimal Kumar Roy received a...

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The perils of deregulated imperfect agrimarkets -R Ramakumar

-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...

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Other side of APMC repeal: Bihar farmers want mandis, ‘like Punjab’ -Harish Damodaran

-The Indian Express Farmers in poll-bound Bihar are seeking mandis 'like in Punjab and Haryana' Begusarai, Khagaria: In 2006, Nitish Kumar’s government showed the way by repealing Bihar’s Agricultural Produce Market Committee (APMC) Act and allowing crops to be freely traded outside the state’s regulated mandis. But 14 years on – when the Narendra Modi government at the Centre has enacted a law dismantling the monopoly of APMC mandis all over India and...

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