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What agriculture needs: Risk mitigation -Shoumitro Chatterjee

-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...

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Who are Shetkari Sanghatana, the group backing govt on the farm laws? -Parthasarathi Biswas

-The Indian Express While the Sanghatana has supported the farm laws, it has also demanded that the ban on the export of onions be removed forthwith — and has threatened to pelt BJP MPs with onion bulbs if the central government did not accede to the demand. On Monday, some farmers’ unions met Agriculture Minister Narendra Singh Tomar to express support for the three farm laws against which thousands of farmers are...

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India’s GDP to contract eight per cent, set to be worst performer in South Asia

-The New Indian Express Bangladesh will post the best growth in the region growing at 5.2 per cent on the back of revived exports, said the Asian Development Bank in its Asian Development Outlook. NEW DELHI:  India’s GDP is expected to contract by 8 per cent in the current financial year and will be the worst performer in South Asia barring Maldives. Bangladesh will post the best growth in the region growing at...

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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...

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India's Onion Export Ban Goes Against the Spirit of Recent Agricultural Reform -Siraj Hussain and Jugal Mohapatra

-TheWire.in The ban on onion exports has proven that farmers, mostly small and marginal, will continue to hold the burden of reining food inflation. On June 5, 2020, just after the COVID-19-induced all-India lockdown was being eased, the government promulgated The Essential Commodities (Amendment Ordinance, 2020). This move was lauded by India Inc as the move apparently signalled that the Indian government had finally decided to ease the draconian provisions of the EC...

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