-The Hindu Business Line Private oligopolies may end up forcing small and marginal farmers to accept poorer terms for their produce A big-bang reform claimed to usher in the farm sector as Finance Minister announced ₹1-lakh crore funding support for strengthening of farm-gate infrastructure such as cold chains and post-harvest management infrastructure. Additional MEAsures include a ‘facilitative legal framework’ to enable farmers for engaging with modern food chains in a fair and...
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"Pathetic... Cannot Control Tears": Madras High Court On Migrant Crisis -J Sam Daniel Stalin
-NDTV The Madras High Court has given the centre and Tamil Nadu government till May 22 to respond to several searching questions about its handling of the crisis Chennai: The "pathetic condition of migrant labourers...is nothing but a human tragedy", the Madras High Court said today in strongly-worded comments on the humanitarian crisis sparked by lakhs of migrants frantically trying to return to home states amid the coronavirus lockdown. Pulling up both the...
More »Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran
-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...
More »11 MEAsures, but most in the works for a few years, part of Modi govt Budgets -Harikishan Sharma
-The Indian Express Out of the 11 announcements, three concern governance and administrative reforms, including amendment of the Essential Commodities Act (ECA), 1955, and agriculture marketing reforms through a Central law. New Delhi: Union Finance Minister Nirmala Sitharaman Friday announced 11 MEAsures for the agriculture sector as part of the third trench of the government’s Rs 20 lakh crore Covid-19 relief package. However, most of these MEAsures are either in place already...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that agricultural credit is a critical element of both agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
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