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An Expert Explains: Farm Acts and federalism -Faizan Mustafa

-The Indian Express As Opposition and regional parties protest the contentious farm laws, now challenged in Supreme Court, engaging with the key question: Does the enactment of the laws violate the federal principle? On Sunday, the President gave assent to the controversial farm Bills passed by Parliament last week. Amid protests by farmers’ organisations across the country, Chhattisgarh, Maharashtra, and Punjab have said they might not implement the new laws, Kerala and...

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From RBI & govt banks to LIC, Rs 205 crore to PM Cares from salaries -Shyamlal Yadav

-The Indian Express The Prime Minister’s Office, which manages the fund, has declined to furnish details of contributions received, saying that PM CARES is “not a public authority under the...RTI Act”. IT’S NOT just a wide range of central educational institutions, at least seven public sector banks, seven other leading financial institutions and insurers, and the RBI, have together contributed Rs 204.75 crore from their staff salaries to the Prime Minister’s Citizen...

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Growth compulsions, fiscal arithmetic -C Rangarajan and DK Srivastava

-The Hindu The economic situation warrants enhanced Government expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...

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President Signs Farm Bills Passed Amid Unprecedented Drama In Parliament -Sunil Prabhu and Anindita Sanyal

-NDTV Earlier this week, huge framers' protests were held over the bills, especially in Punjab and Haryana, states that are dubbed the grain bowl of the country. New Delhi: All three controversial farm bills that are at the centre of a huge political storm and cost the ruling BJP its alliance with the Shiromani Akali Dal, became laws on Sunday with the signature of President Ram Nath Kovind. Flagging them as "historic"...

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Is This the Market Reform Indian Agriculture Needs? -Sudha Narayanan

-TheIndiaForum.in The rules of the game in markets have changed dramatically. But there are problems with the fundamental premise of the approach, there are doubts about the future of state intervention & there are major lacunae in the bills, all making the outcome uncertain. On 5 June 2020, amidst growing concern over the seismic collapse of the economy and the spread of the Covid-19 pandemic, the Government of India promulgated three ordinances...

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