-TheWire.in The government has failed to provide compensation and relief to farmers for the losses suffered during the lockdown, primarily because it lacks the fiscal space. New Delhi: On Friday, finance minister Nirmala SITharaman held her third press conference in as many days to follow up on Prime Minister Narendra Modi’s promise of a Rs 20 lakh crore financial stimulus package. After focussing on Micro, Small and Medium Enterprises (MSMEs), and migrant...
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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran
-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...
More »11 measures, but most in the works for a few years, part of Modi govt Budgets -Harikishan Sharma
-The Indian Express Out of the 11 announcements, three concern governance and administrative reforms, including amendment of the Essential Commodities Act (ECA), 1955, and agriculture marketing reforms through a Central law. New Delhi: Union Finance Minister Nirmala SITharaman Friday announced 11 measures for the agriculture sector as part of the third trench of the government’s Rs 20 lakh crore Covid-19 relief package. However, most of these measures are either in place already...
More »Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John
-BusinessToday.in Finance Minister Nirmala SITharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...
More »"Pathetic... Cannot Control Tears": Madras High Court On Migrant Crisis -J Sam Daniel Stalin
-NDTV The Madras High Court has given the centre and Tamil Nadu government till May 22 to respond to several searching questions about its handling of the crisis Chennai: The "pathetic condition of migrant labourers...is nothing but a human tragedy", the Madras High Court said today in strongly-worded comments on the humanitarian crisis sparked by lakhs of migrants frantically trying to return to home states amid the coronavirus lockdown. Pulling up both the...
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