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The Fine Print of the Essential Commodities Act Ordinance Must be Carefully Parsed -Siraj Hussain

-TheWire.in More clarity is needed on what will be considered an export order in case stock limit has to be imposed. Out of the three game-changing ordinances issued by the Centre on June 5, 2020, the shortest and the most critical to the future of investment in agriculture is “The Essential Commodities (Amendment) Ordinance, 2020”. The ordinance seeks to specify and restrict the conditions under which the government will be empowered issue regulations...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White

-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...

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Will farmers get a better deal after recent reforms? -Roshan Kishore

-Hindustan Times India has moved from a food-scarce economy to a net exporter of food. However, food production does not guarantee food security. Affordability is what matters. New Delhi: The government has announced major agricultural policy changes as part of the economic package it has unveiled in the wake of the Covid-19 pandemic. These include deregulation of farm foods from the Essential Commodities Act (ECA). Farmers have also been allowed to sell...

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Corona has pushed Bharat to the brink -Sayantan Bera

-Livemint.com * A prolonged lockdown will hurt farmers about to harvest the winter crop and the landless living on daily wages * Continued disruption in the food supply chain will eventually hit consumers if prices vary widely across regions. This uncertainty has also hit 70 mn households in rural India who own small dairies NEW DELHI: Baburao Sanap has no clue how to pull himself out of a big mess —he’s saddled with...

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