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A wage code that is a hasty composition -K Chandru

-The Hindu The Code on Wages (yet to be notified) has not succeeded in a consolidation of laws and is a case of tall official claims In the brief monsoon session of Parliament, three new labour codes (The Industrial Relations Code, the Social Security Code and the Occupational Safety, Health and Working Conditions Code, 2020) were bulldozed into passing and now await the President’s assent. Labour Minister Santosh Gangwar told the media...

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An Expert Explains: Farm Acts and federalism -Faizan Mustafa

-The Indian Express As Opposition and regional parties protest the contentious farm laws, now challenged in Supreme Court, engaging with the key question: Does the enactment of the laws violate the federal principle? On Sunday, the President gave assent to the controversial farm Bills passed by Parliament last week. Amid protests by farmers’ organisations across the country, Chhattisgarh, Maharashtra, and Punjab have said they might not implement the new laws, Kerala and...

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Growth compulsions, fiscal arithmetic -C Rangarajan and DK Srivastava

-The Hindu The economic situation warrants enhanced government expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...

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Is This the Market Reform Indian Agriculture Needs? -Sudha Narayanan

-TheIndiaForum.in The rules of the game in markets have changed dramatically. But there are problems with the fundamental premise of the approach, there are doubts about the future of state intervention & there are major lacunae in the bills, all making the outcome uncertain. On 5 June 2020, amidst growing concern over the seismic collapse of the economy and the spread of the Covid-19 pandemic, the Government of India promulgated three ordinances...

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Sonia Gandhi asks Cong.-ruled States to bring in their own farm laws

-The Hindu This will alleviate farmers from grave injustice done by Modi govt, says statement. Congress president Sonia Gandhi has directed Punjab, Rajasthan, Chhattisgarh and Pudducherry Chief Ministers to explore the possibility of passing laws to override the three agricultural laws passed recently by Parliament. A statement issued by party general secretary (organisation) K.C. Venugopal said that these States have been told to pass laws under Article 254 (2) of the Constitution that...

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