-The Hindu The economic situation warrants enhanced government expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...
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Is This the Market Reform Indian Agriculture Needs? -Sudha Narayanan
-TheIndiaForum.in The rules of the game in markets have changed dramatically. But there are problems with the fundamental premise of the approach, there are doubts about the future of state intervention & there are major lacunae in the bills, all making the outcome uncertain. On 5 June 2020, amidst growing concern over the seismic collapse of the economy and the spread of the Covid-19 pandemic, the Government of India promulgated three ordinances...
More »Explained: In the three new labour codes, what changes for workers & hirers? -Aanchal Magazine
-The Indian Express Lok Sabha has cleared three labour code Bills. What are the key changes, and why are some being seen as a cause for concern? The Lok Sabha Tuesday cleared new versions of three labour codes — Industrial Relations Code Bill, 2020, Code on Social Security Bill, 2020 and Occupational Safety, Health and Working Conditions Code Bill, 2020. While the government proposes to increase the ambit of social security by including...
More »Right to Food Campaign opposes all the three farm bills passed by the Parliament
-Press release by the Right to Food Campaign dated 26th September, 2020 The Right to Food Campaign opposes all the three farm bills passed by the Parliament and urges the President of India to not give his approval to these bills. The Right to Food Campaign believes that the Union Government instead of protecting the rights of farmers by giving appropriate price for farm produce, strengthening Mandis and ensuring a system...
More »Sowing seeds of doubt: Farm Bills leave farmers, commission agents and workers worried -Vikas Vasudeva
-The Hindu Farmers in Punjab are worried about the implications of the three new farm bills that will allow them to sell their produce directly to private players. Vikas Vasudeva reports on the concerns of farmers, commission agents and workers despite the government’s assurances that the legislation empowers them In June 2020, 55-year-old Shingara Singh in Fatehpur village in Patiala, Punjab, sold his spring season maize crop at ₹700-₹800 per quintal, far...
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