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In farmers’ protests, the core is procurement -CSC Sekhar

-The Hindu Farmers of Punjab and Haryana need the MSP-procurement system, but the government needs it even more for the PDS Farmers’ protests have erupted once again in north India. The farmers’ unions want nothing short of a complete withdrawal of the recently enacted Farm Acts, which they claim will ruin small and marginal farmers. Their main worry is about a possible withdrawal of the Minimum Support Price (MSP) and a dismantling...

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RBI upgrades GDP forecast, expects economy to shrink 7.5% this fiscal

-Livemint.com The economy is recupeRATing faster than anticipated, the RBI chief said The Reserve Bank expects GDP to contract 7.5% this fiscal, said central bank chief Shaktikanta Das while announcing monetary policy committee decision to keep interest RATe unchanged. This is an upgrade from the central bank's earlier forecast of 9.5% contraction in its October review. The economy is recupeRATing faster than anticipated, the RBI chief said, adding that the recovery in...

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Hard bargains and the art of policymaking -MR Madhavan

-The Hindu Discontent over the new farm laws is a result of sidestepping debate and discussion in Parliament The ongoing farmers’ agitation epitomises the need to have detailed discussions and consultations while making law and policy. The process of building consensus and addressing concerns may be time-consuming, but it leads to greater acceptance of policy objectives. While such work has to be done at multiple levels, Parliament is perhaps the most important...

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Women have borne brunt of wage decrease due to COVID-19, says ILO -Damini Nath

-The Hindu Their working hours were reduced, says agency in report Women and lower-paid workers have disproportionately borne the brunt of the decrease in wages due to the COVID-19 crisis as their working hours were reduced, according to the International Labour Organisation’s (ILO) Global Wage Report 2020-2021. The report, released on Wednesday, said global wage growth fluctuated between 1.6% and 2.2% in the four years preceding the pandemic, that is 2016 to 2019. “In...

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Our way or the highway -Shriya Mohan

-The Hindu Business Line Farmers from Punjab and Haryana have turned the Singhu border into a makeshift and vibrant village. The elderly peasants in kurta pyjamas and young men in track pants and sneakers who have gathered there are looking not for largesse — but just a fair deal * The laws seek to remove the guarantee of a minimum support price (MSP) and deregulate crop pricing, which, the farmers hold, will...

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