-CaravanMagazine.in On 20 September, the Rajya Sabha passed two contentious bills related to the farm sector— the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill. On 22 September, it passed the Essential Commodities (Amendment) Bill. The Lok Sabha had earlier passed these bills amid stiff opposition from farmers. The bills introduce changes in the way agricultural...

-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...

-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...

-Down to Earth Freshwater wildlife down 84%; Latin America, the Caribbean particularly hit The population of vertebrate species declined by around 68 per cent between 1970 and 2016, said the Living Planet Report 2020 released by international non-profit World Wide Fund for Nature September 10, 2020. The Living Planet Index (LPI) — a measure of the state of the world’s biological diversity based on population trends of vertebrate species in terrestrial, freshwater and...

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....