-The Indian Express While 10.35 crore PM-JAY Cards have been issued since the launch of ‘the world’s largest health assurance scheme’ in September 2018, it has proved to be of little use in the ongoing Covid-19 epidemic. The Bharatiya Janata Party won 303 seats in the 2019 Lok Sabha elections, more than the 282 it got in 2014. This return to power with a larger majority was significantly enabled by the various...
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India's Onion Export Ban Goes Against the Spirit of Recent Agricultural Reform -Siraj Hussain and Jugal Mohapatra
-TheWire.in The ban on onion exports has proven that farmers, mostly small and marginal, will continue to hold the burden of reining food inflation. On June 5, 2020, just after the COVID-19-induced all-India lockdown was being eased, the government promulgated The Essential Commodities (Amendment Ordinance, 2020). This move was lauded by India Inc as the move apparently signalled that the Indian government had finally decided to ease the draconian provisions of the EC...
More »An agriculture-led revival as flawed claim -R Ramakumar
-The Hindu The crisis in agriculture demands that the government announce a strong fiscal stimulus for the rural economy A rather confident statement heard in the midst of India’s COVID-19-induced economic slowdown is this: “Agriculture will lead India’s economic revival”. But how valid is this claim put forward by government spokespersons and some observers? Four major arguments are offered. First, India’s food grain production in 2019-20 was 3.7% higher than in 2018-19. The...
More »Is the new farm trade regime fueling food inflation? -Sayantan Bera
-Livemint.com Trade moving outside regulated markets could lead to speculation and volatile prices, warn experts NEW DELHI: After the Centre enacted a new set of laws freeing internal trade in farm produce, crop arrivals in regulated wholesale markets have witnessed a sharp decline. However, off-market transactions between farmers and traders which are going unrecorded could be fueling food inflation as traders engage in speculation and hoarding, experts said. An analysis of numbers from...
More »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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