Policymakers have repeatedly said that commodity futures help farmers hedge their risks. But data from Forward Markets Commission (FMC), the regulator for the business worth Rs 106 lakh crore during April-October, paints a different picture. The share of agricultural trade is just a tad over 10% and within this, food products such as soya oil and chana accounted for less than 7% of the total value. Of course, the government itself...

-EPW   Will the blatant discrimination against Muslims in the administration of justice ever end? The word secular was inserted into the Preamble of the Indian Constitution by the 42nd amendment in 1976; later on, the Supreme Court, in S R Bommai vs Union of India, held (in 1994) that secularism was an integral part of the basic structure of the Constitution. And yet, it has been a long time coming – Indian...

The Gujarat High Court on Thursday directed the Central Bureau of Investigation to take over the investigation into the Ishrat Jahan fake encounter case. Stating that the Gujarat police could not be “relied upon” to conduct an impartial probe, the High Court asked the CBI to consider the case as an “exceptional one having national ramifications.” A Division Bench, comprising Justices Jayant Patel and Abhilasha Kumari, also directed chairman of the High...

-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM narendra modi.  In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...

The first judgment in a 2002 riots case and the SIT report on the Ishrat Jahan killing go against the Gujarat government. THE verdict in a crucial and long-running case involving a massacre and the investigation report in another case, of alleged encounter killings, both delivered in November, give hope to victims of the 2002 pogrom in Gujarat that they will get justice, even if delayed. In the first case, the special...