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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Inflation Spiral is Hitting the Working Poor the Hardest -Sanjay Roy
-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...
More »Farm laws scrapped: India’s food processing sector may get hit badly -Arnab Dutta
-BusinessToday.in With all FMCG majors betting heavily on these reforms, their sourcing and expansion plans may now be impacted severely. The abrupt change in the government’s stance on the three controversial farm laws may have far-reaching implications for the country’s food processing sector that involves leading fast-moving consumer goods (FMCG) majors and a market larger than Rs 2.6 lakh crore. With the farm laws are now set to get revoked, a slew of...
More »Citizens ask FSSAI to stop mandatory food fortification- Warn against grave health and economic impacts in reductionist approaches to nutrition
-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) dated 2 August, 2021 170 individuals and organizations along with the Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) have written to the FSSAI urging it to scrap its plans to make synthetic/ chemical fortification of foods mandatory in India [1]. They cited detrimental and irreversible health and socio-economic impacts such as market shifts in favor of large...
More »11 measures, but most in the works for a few years, part of Modi govt Budgets -Harikishan Sharma
-The Indian Express Out of the 11 announcements, three concern governance and administrative reforms, including amendment of the Essential Commodities Act (ECA), 1955, and agriculture marketing reforms through a Central law. New Delhi: Union Finance Minister Nirmala Sitharaman Friday announced 11 measures for the agriculture sector as part of the third trench of the government’s Rs 20 lakh crore Covid-19 relief package. However, most of these measures are either in place already...
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