KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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Deregulation of Agricultural Marketing: How has it Affected the APMC System in Karnataka? -Ayush Kumar
-Foundation for Agrarian Studies In December 2020, in line with the Central Farm Laws, the Government of Karnataka passed an amendment to the Karnataka Agricultural Produce Marketing (Regulation and Development) Act, 1966. This amendment reduced the scope of the Agricultural Produce Marketing Committees (APMC) by effectively ending their status as the only place (with some exceptions) where wholesale agricultural trade was permitted by law. Despite the three Central Farm Laws being...
More »Fuel prices needn’t rise -Aunindyo Chakravarty
-The Tribune The govt must fix the maximum profit margin a refinery is allowed to make FUEL prices have been rising almost daily for more than a week now. The bumps are small, 80 paise at a time. The petrol price hike philosophy appears to have been informed by a standard marketing ploy. Keep the number below a round figure and it will look less than it really is: Just as Rs...
More »The cold truth about India’s income inequality -Seema Chishti
-The Hindu Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of the World Inequality Report (https://bit.ly/3Fx8vv4 and https://bit.ly/3EvazlY) has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since...
More »The Modi Government Has Put the Cart Before the Horse -Prem Shankar Jha
-TheWire.in Indian agriculture is in the grip of a crisis and needs to move away from the 'cereal trap' towards alternatives. Deregulation of marketing should come second, not first. At the Indian Express’s e-Adda on March 21, Punjab’s chief minister Captain Amarinder Singh asked a question that has still not received an answer: Why did the Central government feel it had to change a marketing system that has existed for a hundred...
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