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Village common land cannot be sold: Supreme Court -Hitender Rao

-Hindustan Times No part of the village common land can be re-partitioned amongst the proprietors and such land would not be available for sale, the Supreme Court ruled Chandigarh: Thousands of acres of village common land (shamilat deh) in Haryana sold off by shareholders or gram panchayat for monetary gains would get freed with the owners being ousted following a Supreme Court ruling on Thursday. The shamilat deh is reserved and used...

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Farming became costlier between crop years 2012-13 and 2018-19, shows the latest available NSO data

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

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Debunking the myth of APMCs regulating agricultural marketing in a real world

When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...

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NSO survey: Most farmers selling in local markets, government agencies procure the least -Richard Mahapatra

-Down to Earth Farmers in general satisfied with return from local sale, but a significant percentage of them get lower than market price The majority of Indian farmers sell their produce in local markets, the 77th round of the National Sample Survey by the National Statistical Office titled Land and livestock holdings of households and situation assessment of agricultural households has found. Government agencies and Agricultural Produce Market Committees account for an...

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Centre to farm out assets to private sector to raise Rs 6 lakh cr

-The Telegraph Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government plans to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv...

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