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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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Farm bills: First principles and the political economy of agricultural market regulation -Shoumitro Chatterjee

-IdeasforIndia.in Wrapping up the Symposium on farm bills, Mekhala Krishnamurthy and Shoumitro Chatterjee contend that regulatory reforms are an important but limited part of what must be both a more comprehensive and contextual approach to policy design and implementation. Moreover, when it comes to markets, it is crucial to think through what market regulation can and cannot do and to understand the role that mandis play in India’s agricultural marketing system. Over...

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BJP’s Farming Policies: Deepening Agrobusiness Capitalism and Centralisation -Pritam Singh

-Economic and Political Weekly Agricultural Market Reforms recently enacted by the National Democratic Alliance government reflect the Bharatiya Janata Party’s determination to introduce agrobusinesses into agriculture and push further its agenda of centralisation of economic power and decision-making. The opposition to the reforms by farmers, many state governments, and regional political formations poses the most formidable challenge, so far, to this government. The contesting claims have missed the dimension of the...

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Political Economy of Agricultural Market Reforms: Analysis of the Farming Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 -Vikas Rawal, Suvidya Patel and Jesim Pais

-Vikalp.ind.in While the country is grappling with the COVID-19 pandemic and the economy is in doldrums, the central government, instead of taking measures to provide immediate relief to the distressed population, has used the opportunity to introduce sweeping changes in the regulatory framework of the agricultural marketing system of the country. On June 3, 2020, the Cabinet approved three ordinances. These ordinances were converted into Acts after they were passed, under...

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What India’s farm reforms aim to change, in three charts -Arjun Srinivas and howindialives.com

-Livemint.com Wide disparities in agri-marketing regulations have resulted in fragmented markets across states. The new farm bills aim to change this but the jury is still out on whether it will have the intended impact. On 26 September, government procurement of food crops commenced across the country, five days in advance, following the enactment of three contentious farm bills. Under the new policy regime, farmers need not sell their produce through designated...

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