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Centre rolls out ₹1.19 lakh-crore stimulus package

-The Hindu Atma Nirbhar Bharat Abhiyan 3.0 includes scheme to incentivise new recruitment. Finance Minister Nirmala Sitharaman on Thursday announced a fresh set of relief and stimulus measures for the economy worth ₹1.19 lakh crore, including a scheme to boost re-employment chances of formal sector employees who lost their jobs amidst the COVID-19 pandemic. The measures, announced a day after the Reserve Bank of India (RBI) said the country had entered into a...

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Punjab struggles for essentials amid suspension of goods trains -Kanchan Vasdev

-The Indian Express Thermal plants shut down, leading to power cuts, raw material supply cut off to industry, movement of food grains hit Chandigarh: SUSPENSION OF railway traffic to Punjab since September 24 amid the farmers’ agitation against the Centre’s farm laws has left the state gasping for power, fertilisers and raw material for industry and gunny bags for paddy procurement, besides bringing to a halt the movement of food grains and...

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Why the new farm laws will not level the playing field -Arjun Harkauli

-Down to Earth Creation of unregulated private points of sale will only ensure that the produce continues to be sold as before — at below MSP and without any government support More than 86 per cent farmers in India own or cultivate on less than two acres of land and have little surplus to sell. They are the victims of middlemen (arthiya) at the mandis (local exchange markets) and are forced, by...

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The farmers enter the fray -Gurbachan Jagat

-The Tribune Distressed as they were, the final death blow is sought to be delivered in the agricultural reforms. Why not have MSP till a better alternative is found? Why let the oligarchs loose to prey on farmers? Was there a demand from farmers for these reforms? How has the Centre decided suo motu that this would benefit farmers? IT was the early 1960s and I spent two years in my ancestral...

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The men behind APMC, MSP and procurement -Harish Damodaran

-The Indian Express The idea of a Minimum Support Price for crops came first from a visiting US soil scientist and fertiliser expert The institution of ‘mandis’ is as old as markets where wholesale trading in primary produce has been taking place since time immemorial. APMCs or Agricultural Produce Market Committees are of more recent vintage and the creation of Sir Chhotu Ram. In 1939, the legendary farmer leader, as Development Minister in...

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