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Food price flare-up has no real winners -Sayantan Bera

-Livemint.com * As consumers bear the brunt of high food costs, growers see no benefit. How long will this strange dynamic last? * Many lower income consumers are also not enrolled under the federal food security scheme. An estimate suggests that over 100 million eligible Indians are excluded Ramesh Pangal calls it a season of miseries: Farmers running around with vegetables to find a buyer; leaving tomatoes to rot in the field; dumping...

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Punjab to recover Rs 223.75 cr from 7 private sugar mills -Ruchika M Khanna and Rajmeet Singh

-The Tribune Subsidy given even when sugar rates soared after fall in 2015 Chandigarh: The Punjab Government today decided to recover Rs 223.75 crore from seven private sugar mills, most of them owned by politicians. This recovery is to be made as land revenue arrears for the largesse extended to them by the previous SAD-BJP government. A subsidy of Rs 50 per quintal on the State Advised Price (SAP) of Rs 280-Rs 295...

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Dr. Himanshu. associate professor at JNU and a visiting fellow at Centre de Sciences Humaines, interviewed by Shreehari Paliath (IndiaSpend.com)

-IndiaSpend.com Bengaluru: As India deals with growing numbers of COVID-19 cases and the economic ramifications of the resultant lockdowns, the Bharatiya Janata Party-led government has made a slew of announcements and promulgated ordinances to revive the economy, including the agriculture sector. It brought in the Farmers’ Produce Trade and Commerce (Promotion & Facilitation) Ordinance 2020, Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance 2020, and amended the...

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India Inc's big bet on Bharat saving the day -Sayantan Bera

-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...

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Crop of ironies -Madhurika Sankar

-The Hindu Food security and farmer welfare are intertwined It is ironic that it took a devastating pandemic to force the government’s hand for long-overdue agrarian reforms. Amendments have been made to the Essential Commodities Act, 1955. The Finance Minister has urged States to dismantle the Agricultural Produce Market Committees. Several long-term changes have been made to the agricultural sector, such as fair pricing and e-trading, along with liquidity measures. The Centre...

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