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A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....

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Low yield boon for Haryana farmers, cotton sells 60% above MSP -Deepender Deswal

-The Tribune In Sirsa, private players are buying cotton at up to Rs 9,700 per quintal whereas the government has fixed the MSP at Rs 5,925 Sirsa: The low cotton yield this season due to excessive rain and pink bollworm attack has resulted in the crop selling at over 60 per cent higher than the minimum support price (MSP). In Sirsa, private players are buying cotton at up to Rs 9,700 per...

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MSP Will Stop Corporate Encroachment in Agriculture, Ensure Domestic Food Security -Navpreet Kaur and C Saratchand

-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

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Stable, long-term policies can turn the tide -A Amarender Reddy

-The Tribune A major hurdle to increasing exports is the decades-long neglect of export market infrastructure, which doesn’t meet the importing countries’ standards in terms of quality, quantity and other attributes such as food safety norms. India lacks an export-oriented strategy for agricultural commodities to establish itself as a regular supplier to international markets due to ad hoc measures such as a ban on exports or increase in tariffs off and...

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Debunking the myth of APMCs regulating agricultural marketing in a real world

When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...

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