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Essential Commodities (Amendment) Ordinance: A strong EC Act is still needed - Parikshit Goyal

-Down to Earth The ordinance does not expressly define ‘extraordinary circumstances’: Such legislative ambiguity makes one question the entire exercise of introducing this particular provision As the Union government announced massive reforms as part of the novel coronavirus disease (COVID-19) Relief Package, attention went to three agriculture sector ordinances related to farmers’ trade, contract farming and amendments in the Essential Commodities Act. While each of the three ordinances have far-reaching implications from legal...

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The COVID-19 fiscal response and India’s standing -Amit Basole and Jonathan Coutinho

-The Hindu The relief measures do not seem to be commensurate with the economic disruption caused by the lockdown How does India compare in the quantity and quality of its COVID-19 response to other developing countries? Here we extend our earlier analysis of India’s fiscal response (The Hindu online, “India must enhance fiscal support for COVID-19 relief and rebuilding”, April 18, 2020) drawing on the International Monetary Fund Policy Tracker, the COVID-19...

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How BALARAM can make its plough dent on ground? -Pranab Ranjan Choudhury and Arabinda Kumar Padhee

-The Pioneer In yet another demonstration of commitment to its inclusive agriculture growth agenda, the Government of Odisha has announced the BALARAM Yojana to provide crop loans worth more than Rs 1,000 crore to the landless sharecroppers through joint liability groups (JLGs) in the next two years. Lauded as one of the most inclusive income support/cash transfer schemes in the country, KALIA was announced in 2019 to help the small and marginal...

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Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?

Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...

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Why Punjab stands to lose from farmers’ produce trade and commerce ordinance -Parikshit Goyal

-Down to Earth Instead of putting Punjab farmers at the mercy of big corporates and private players, there is a need to strengthen existing infrastructure The Union government announced three agriculture-related ordinances as part of its novel coronavirus disease (COVID-19) Relief Package — permitting agricultural trade outside the boundaries of market committees, easing regulation and control under the Essential Commodities Act and facilitating contract farming. Out of these, the Farmers’ Produce Trade and...

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