-Vikalp.ind.in While the country is grappling with the COVID-19 pandemic and the economy is in doldrums, the central government, instead of taking measures to provide immediate relief to the distressed population, has used the opportunity to introduce sweeping changes in the regulatory framework of the agricultural marketing system of the country. On June 3, 2020, the Cabinet approved three ordinances. These ordinances were converted into Acts after they were passed, under...

-The Telegraph The tearing hurry with which agriculture market reforms have been pushed through, without even consulting farmers, has resulted in huge farm protests in Punjab and Haryana At a time when I see euphoria among mainstream economists over the new set of agricultural reforms, media reports say that the Commission for Agricultural Costs and Prices has observed that only 12 per cent of India’s paddy cultivators were able to sell their...

-The Indian Express The idea of a Minimum Support Price for crops came first from a visiting US soil scientist and fertiliser expert The institution of ‘mandis’ is as old as markets where wholesale trading in primary produce has been taking place since time immemorial. APMCs or Agricultural Produce Market Committees are of more recent vintage and the creation of Sir Chhotu Ram. In 1939, the legendary farmer leader, as Development Minister in...

-TheWire.in The journalist says that though there is a very clear pro-corporate intent behind the Bills, they may enable middle-men to wring an even harder grip on the farmers. Amidst an uproar and stiff protest, three contentious farm Bills were passed in the Rajya Sabha on Sunday and Tuesday. The Bills seek to replace ordinances promulgated in June this year and were already cleared by the Lok Sabha. The idea behind all the...

-The Tribune For Punjab and Haryana, it is also about the fiscal relationship with the Centre The situation following the enactment of the three ordinances passed by the Centre has created a political problem as well as somewhat of a dilemma for many economists. There is the fairly common assumption by many economists that free functioning of markets is a more efficient way of letting prices and choices function than relying too...