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The perils of deregulated imperfect agrimarkets -R Ramakumar

-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...

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Refining trade union strategies to strike a chord -KR Shyam Sundar

-The Hindu With labour law reforms set to change industrial relations, trade union responses must include social dialogue too Ten central trade unions (CTUs) have called for a nation-wide strike on November 26, 2020 to condemn what they consider to be the anti-people, and anti-labour economic policies of the government. This follows strikes in the coal and defence sectors protesting privatisation and the corporatisation policies of the government. It is essential to...

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India’s no to RCEP could still be a no -Biswajit Dhar

-The Hindu The circumstances under which New Delhi had distanced itself from the RCEP negotiations have hardly improved Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership (RCEP), the largest Free Trade agreement (FTA) ever. In 2019, RCEP members accounted for about 30% of world output and population and 28% of world trade. But more importantly, about 44% of...

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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...

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Other side of APMC repeal: Bihar farmers want mandis, ‘like Punjab’ -Harish Damodaran

-The Indian Express Farmers in poll-bound Bihar are seeking mandis 'like in Punjab and Haryana' Begusarai, Khagaria: In 2006, Nitish Kumar’s government showed the way by repealing Bihar’s Agricultural Produce Market Committee (APMC) Act and allowing crops to be freely traded outside the state’s regulated mandis. But 14 years on – when the Narendra Modi government at the Centre has enacted a law dismantling the monopoly of APMC mandis all over India and...

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