-The Telegraph The Nobel laureate economist described 'India as a poster child of what not to do' Nobel laureate economist Joseph Stiglitz made a strong case for spending money to combat the long-term economic Damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic. Bracketing India with Brazil and the United States for its “utter...
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Explained: Why it’s an underestimate to say only 6% farmers benefit from MSP -Harish Damodaran
-The Indian Express The actual number could be anywhere between 15 per cent and 25 per cent. “Only 6% of Indian farmers benefit from minimum support prices (MSP)”. So widely-quoted is this figure — especially in the context of the recently-passed Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act — that it has become a factoid or even truism. What is, isn’t counted The apparent source of the 6% figure is the Shanta...
More »Opposition, farmers and other groups announce agri protests in Haryana; BJP launches Damage control exercise
-The Indian Express BKU’s leader Gurnam Singh Chadhuni, who is spearheading farmers’ ongoing agitation against the three farm laws in Haryana, on Saturday announced another protest rally at Sirsa on October 6. Chandigarh: Not only the Congress, but various political parties and farmers’ organisations have also announced protests against three farm laws across Haryana in the coming three days. The growing resentment has forced the ruling BJP into launching a Damage control...
More »Santosh Kumar Gangwar, Union Labour and Employment Minister, interviewed by Damini Nath (The Hindu)
-The Hindu The existing labour laws fell short in responding to the changed world of work The recently passed Code on Social Security, the Industrial Relations Code and the Occupational Safety, Health and Working Conditions Code, which along with the Code on Wages, 2019 subsume 29 labour laws into four codes, were passed after widespread consultations, says Union Labour and Employment Minister Santosh Kumar Gangwar * There has been criticism about the manner...
More »The men behind APMC, MSP and procurement -Harish Damodaran
-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...
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