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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

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‘Illegal mining’ could soon become legal. Modi government gives just 10 days for public feedback -Supriya Sharma

-Scroll.in Mining companies stand to benefit from one of the amendments being pushed through without proper public consultation. India’s mining law enables the government to recover 100% of the value of minerals extracted illegally. Based on this provision, in August 2017, the Supreme Court of India ordered the recovery of Rs 17,576 crore from mining companies that had extracted iron ore and manganese in Odisha in violation of environmental laws. If the Modi...

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Essential Commodities (Amendment) Ordinance: A strong EC Act is still needed - Parikshit Goyal

-Down to Earth The ordinance does not expressly define ‘extraordinary circumstances’: Such legislative ambiguity makes one question the entire exercise of introducing this particular provision As the Union government announced massive reforms as part of the novel coronavirus disease (COVID-19) relief package, attention went to three agriculture sector ordinances related to farmers’ trade, contract farming and amendments in the Essential Commodities Act. While each of the three ordinances have far-reaching implications from legal...

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Some Key Questions That Need to Be Answered About the Three Agriculture Ordinances -Nikhit Kumar Agrawal

-TheWire.in The text of the ordinances raises some questions about their stated objective to ‘free up’ curbs on trade and help farmers get a remunerative price for their crop. Recently, the Bharatiya Janata Party-led Central government introduced three ordinances to bring in far-reaching agricultural ‘reforms’ in the country. Taken together, these ordinances intend to liberalise the regulatory system in the agriculture sector, provide freedom to farmers and traders to trade in farm...

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Agriculture reforms only for traders and corporates, not farmers, say experts -Vibha Sharma

-The Tribune The Government on Wednesday announced three "major agriculture reforms" for farmers, including an Ordinance to promote “barrier-free inter-state and intra-state trade outside APMC market” and amendment to the Essential Commodities Act., removing commodities like cereals, pulses oilseeds edible oils onion and potatoes from list of essential commodities. Briefing about the three reforms after the Cabinet headed by Prime Minister Narendra Modi made the decisions, Agriculture Minister Narendra Singh Tomar called...

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