In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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How Second Wave Is Decimating Rural Economy -Rohit Inani
-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...
More »Govt records contradict own claims on ‘effective’ distribution of foreign COVID-19 aid -Shreegireesh Jalihal
-TheNewsMinute.com The Union government has been blamed for sitting on a pile of essential medical tools such as ventilators and oxygen concentrators while daily thousands of COVID-19 patients hustled for oxygen cylinders and hundreds died gasping for breath. Days after the Union Ministry of Health and Family Welfare (MoHFW) stated that COVID-19 relief aid was being distributed effectively in response to concerns raised by media reports, The Reporters’ Collective has found that...
More »Amid anger over middlemen, Bengal’s rice bowl keeps ear out for Delhi farmer protests -Atri Mitra
-The Indian Express With 2.5 crore metric tonnes of paddy a year, and almost every family engaged in farming, East Burdwan district is the rice bowl of West Bengal. Burdwan: AMID much fanfare, in January this year, BJP president J P Nadda visited Mushali here to have lunch at the house of a marginal farmer. Following the meal, he announced the launch of the BJP’s ‘Krishak Suraksha Abhiyan’ and ‘Ek Mutho Chal’...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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