-The Hindu This will alleviate farmers from grave injustice done by Modi govt, says statement. Congress president Sonia Gandhi has directed Punjab, Rajasthan, Chhattisgarh and Pudducherry Chief Ministers to explore the possibility of passing laws to override the three agricultural laws passed recently by Parliament. A statement issued by party general secretary (organisation) K.C. Venugopal said that these States have been told to pass laws under Article 254 (2) of the Constitution that...

-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided...

-Hindustan Times While the government claims that these reforms will help farmers in getting a better price for their products, farmers’ groups have been agitating against these changes. In May this year, the government announced important reforms in agricultural markets. These included deregulation of farm foods from the Essential Commodities Act (ECA). Farmers were also allowed to sell their produce outside government-regulated markets, or Agricultural Produce Market Committees (APMCs). Another set of...

-Down to Earth Study can go long way in pinpointing future hot spots for climate-induced migration Human migration due to changing climate happens primarily in middle income and agricultural-dependent countries, a new study published in the journal Nature Climate Change on September 14, 2020, has said. The impacts of climate change that caused migration of people were mainly changes in temperature, rainfall variability and rapid onset events like storms, cyclones and floods, the...

-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...