-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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Key agricultural reforms cleared, farmers freed from mandis -Harikishan Sharma
-The Indian Express Calling it a “historic day for agriculture”, Union Agriculture Minister Narendra Singh Tomar said the reforms will largely free the sector from a system of inspectors and permits. New Delhi: Clearing the way for significant reforms in the agriculture sector, the Union Cabinet on Wednesday cleared three ordinances aimed at lifting restrictions on key commodities such as cereals, pulses, onion and potato, and giving farmers the freedom to sell...
More »Windfall for sugar mills as Centre allows export of alcohol-based sanitiser -Virendra Singh Rawat
-Business Standard Hit by the slump in sugar demand following lockdown and consequent subdued realisations, mills have run up huge farmers' outstanding pertaining to the current sugar season 2019-20 Lucknow: Unlocking an additional revenue stream for the beleaguered domestic sugar sector, the Central government has allowed the export of alcohol-based hand sanitizer, a commodity in high demand globally in the fight against Covid-19. On May 6, the Centre banned the export of the...
More »Urban unemployment up, rural picture better -Basant Kumar Mohanty
-The Telegraph Seasonal sowing, MGNREGA boost prospects The grim employment scenario in urban India got aggravated while the rural sector showed some improvement in the last week of May, with researchers attributing the uptick in the villages to seasonal sowing activities and increase in work under the MGNREGA while calling the overall condition critical. Data released by PRIvate research group Centre for Monitoring Indian Economy (CMIE) show that the unemployment rate for the...
More »Need new stimulus of Rs.10 lakh crore: Economists Collective
-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...
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