-Press release by Indian Coordination Committee of Farmers Movements dated 23rd September, 2020 ICCFM is a non-partisan national alliance of farmers movements representing 12 farmers' organizations across India based in UP, MP, Rajasthan, Karnataka, Tamil Nadu, Punjab, and Haryana. Bharatiya Kisan Union, Karnataka State Farmers Association, Tamilaga Vivasayigal Sangham are among the major farmer movement. As with many other farmers organizations in this country, ICCFM is gravely worried about the anti-farmer bills...
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Will India's Contract Farming Ordinance Be a Corporate Lifeline for Agriculture? -Siraj Hussain
-TheWire.in Even though India has had a few relatively successful models, contract farming has failed to take off in a meaningful manner. Of the three agriculture-related ordinances promulgated on June 5, 2020, the most predictable was ‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’. Put simply, it provides a legal basis to the existing practice of contract farming in India’s agriculture and allied sectors. In 2018, the Union...
More »Potentially Hazardous Changes Proposed under CSR Rules -Noshir H Dadrawala
-MoneyLife.in A news item published in the Business Standard on “New draft rules set to clamp down on CSR activities through trusts” has caused mass panic and pandemonium since morning. While it is good to be vigilant and leave no scope for ambiguity and address any vagueness in the language of the proposed new Rules (while we still can), let’s not get unduly alarmed either. There is time and adequate scope...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Explaining the Rise in Revenue Deficit Between Modi Govt's Interim and Full Budgets -Aneesha Chitgupi
-TheWire.in While the revenue deficit is estimated to increase in the Union Budget in comparison to the interim one, the fiscal deficit shows a decline thanks to the increase in capital receipts especially through disinvestment. A comparison between the Interim Budget (IB) presented on February 1, 2019, and the full Union Budget (FB) presented before parliament on July for the current fiscal year (2019-20) throws up some intriguing questions. While most commentators have...
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