-The Indian Express These protests, preceded by sit-ins across Punjab, are expected to gather steam after September 14, when Parliament convenes for the Monsoon Session. Jalandhar, New Delhi and Pune: On Thursday, farmer organisations in Haryana defied prohibitory orders imposed amid the pandemic to hold a rally at the Pipli wholesale grain market near Kurukshetra. They even blocked the Delhi-Chandigarh national highway for a couple of hours, when the police initially did...
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Is the new farm trade regime fueling food inflation? -Sayantan Bera
-Livemint.com Trade moving outside regulated markets could lead to speculation and volatile prices, warn experts NEW DELHI: After the Centre enacted a new set of laws freeing internal trade in farm produce, crop arrivals in regulated wholesale markets have witnessed a sharp decline. However, off-market transactions between farmers and traders which are going unrecorded could be fueling food inflation as traders engage in speculation and hoarding, experts said. An analysis of numbers from...
More »Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight -TN Ninan
-ThePrint.in K-shaped recovery means the growing gap between ‘winners and losers’. An example in India is the Stock Market being healthy while millions have lost their jobs. Amidst the flood of commentary that followed the finding that the world’s fastest-growing large economy had become its fastest-shrinking one, an observation that stood out was that India’s growth potential had dropped from 6 per cent to 5 per cent. Now, it has been obvious...
More »Essential Commodities (Amendment) Ordinance: A strong EC Act is still needed - Parikshit Goyal
-Down to Earth The ordinance does not expressly define ‘extraordinary circumstances’: Such legislative ambiguity makes one question the entire exercise of introducing this particular provision As the Union government announced massive reforms as part of the novel coronavirus disease (COVID-19) relief package, attention went to three agriculture sector ordinances related to farmers’ trade, contract farming and amendments in the Essential Commodities Act. While each of the three ordinances have far-reaching implications from legal...
More »Mandi arrivals drop sharply, raise concerns about hoarding -Rajalakshmi Nirmal
-The Hindu Business Line With farmers selling more produce outside mandis, there is no record of transactions Arrivals in mandis across the country are significantly lower this year. Only five-to-seven bags out of every 10 of grains, pulses and spices, produced by farmers, have come to the market in the last six months. An analysis of the production, procurement and mandi arrival numbers indicates that there is a large quantity of unaccounted floating...
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