Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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China still ‘largest source of critical items’ for India -Ananth Krishnan
-The Hindu India is working on a multi-pronged strategy to reduce this reliance. China still remains the largest source of critical imports for India, from mobile phone components to pharmaceutical ingredients, and India is working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade. “The trade deficit is not in dollars, it is in overdependence,” said Sanjay Chadha, Additional Secretary in the Ministry of...
More »Centre’s farm laws transgress Constitution’s federal structure -Dushyant Dave
-The Indian Express Dushyant Dave writes: Centre's farm laws will create monopolies in agriculture production and trade, and hurt farmers. The Constitution of India is a “fundamental document”, as declared by B R Ambedkar on September 17, 1949 during the Constituent Assembly debates. To him, this document defined the powers and functions of the three organs of the state — the legislature, executive and judiciary: “…in fact, the purpose of a Constitution...
More »Agriculture Ministry’s Claim on Farm Bill 'Consultations' Runs Contrary to its RTI Reply -Gaurav Vivek Bhatnagar
-TheWire.in The Centre claimed in the Supreme Court that efforts had been made to speak to stakeholders before the laws were passed. Why, then, does the agricultural ministry have no record of these efforts? New Delhi: In an affidavit filed before the Supreme Court on Monday, the Centre claimed that “serious, sincere and constructive efforts [were] made by the Central Government to engage with the limited number of protesting farmers who are...
More »SC suspends implementation of three farm laws -Krishnadas Rajagopal
-The Hindu Court forms expert panel to hear apprehensions raised by farmers against the laws The Supreme Court on Tuesday suspended the implementation of three controversial farm laws, terming its order the “victory of fair play”. “If there is a victory at all, it is the victory of fair play,” Chief Justice of India (CJI) Sharad A. Bobde corrected senior advocate Harish Salve. The CJI was responding to an apprehension expressed by Mr. Salve...
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