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Create a sustainable pathway for farmers -Baldev Singh Dhillon and Kamal Vatta

-The Tribune While attracting private capital investments in production, processing and marketing of high-value agriculture, the associated adverse socio-economic implications must be avoided. Last year, Parliament enacted the Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020. It is supposed to empower farmers to get engaged with upgraded value chain partners in a fair, transparent, mutually agreeable and remunerative manner to enhance their income by reducing marketing risks....

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Healthcare needs a reform, spending boost -Shikha Dahiya and Aditi Pathak

-The Hindu Business Line Large inter-State variations in funding, shortcomings in quality of care and neglect of urban health continue to haunt the sector Since Independence, India has made some notable gains on the health front. For instance, life expectancy at birth has increased, infant mortality and crude death rates have fallen steeply, diseases such as smallpox, polio and guinea worm have been eradicated, and leprosy is on the verge of getting...

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Dormant Parliament, fading business -MR Madhavan

-The Hindu The gradual deterioration in Parliament’s functioning has to be stopped if it is to fulfil its constitutional mandate The Budget session of Parliament ended on Thursday, two weeks ahead of the original plan, as many political leaders are busy with campaigning for the forthcoming State Assembly elections. This follows the trend of the last few sessions: the Budget session of 2020 was curtailed ahead of the lockdown imposed following the...

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Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik

-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....

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India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee

-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...

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