Insight IAS

Indian democracy has been at full play in reaction to the new farm laws.

The Bills aim to do away with government interference in agricultural trade by creating trading areas free of middlemen and government taxes outside the structure of Agricultural Produce Market Committees (APMCs).

They also aim to remove restrictions on private stock holding of agricultural produce.

However, see that both sides of the political spectrum want farmers’ incomes to increase.

The Opposition parties want to ensure that through higher and more effective MSP (minimum support prices), while the government is offering greater choices to farmers through markets, without demolishing the existing MSP system.

Having analysed the MSP business over decades, clearly that the regime was the creation of the era of scarcity in the mid-1960s. Indian agriculture has, since ...

Business Standard

Corteva Agriscience on Tuesday claimed that its farm intervention in five states, like Maharashtra and Karnataka, helped smallholding farmers growing corn reap benefits.

Training on new agri-methods and adoption of farm mechanisation among other interventions has led to “much-needed increase in income” of small farmers, it said.

“…we have been working to empower smallholder farmers across five large Indian regions by enabling them to mechanize their corn crop production and providing training on new agricultural methods that increase plant population, crop productivity and profitability for farmers,” Corteva Agriscience South Asia Marketing Director Aruna Rachakonda said in a statement.

Hindustan Times

The Mohali district administration on Tuesday impounded a combine harvester found operating without the super straw management system at Gharuan village in Kharar block, and imposed a penalty of ₹50,000 as environmental compensation on the farmer.

 Deputy commissioner Girish Dayalan said the violation came to the fore during checking by joint teams of the agriculture department and Punjab Pollution Control Board. The combine was seized and the violator, Balwinder Singh, told to deposit the fine within stipulated time, he said.

Economic Times

Reaching out to stakeholders to allay apprehensions about the recently passed farm bills, Union Minister Rajnath Singh on Tuesday met policy experts, industry leaders and academicians associated with the agriculture sector, who were all praise for the new legislation. Singh along with Agriculture Minister Narendra Singh Tomar has so far held a series of meetings with farmers and many others associated with the farm sector to deliberate upon the three agriculture-related bills recently passed by Parliament

Financial Express

On the back of strong tailwinds of demand from rural India, unlocking process and industry consolidation, consumer space stocks seem to be in the positive territory. Research and brokerage firm Prabhudas Lilladher expects second-quarter performance for the current fiscal to show signs of recovery on the back of better consumer sentiment and improving the supply chain. It sees an increase of 3.3 per cent in sales and 1.1 per cent in PBT. It is observed that in the new normal set-up demand has been recovering. Rural India contributes 35 per cent of total FMCG sales and has been holding strong. The outlook remains positive owing to the favourable monsoon, a good harvest of rabi crops, higher MNREGA ...

Swarajyamag

Farmers’ agitation i taxes and fees the States rec,eive range from 8.5 per cent in Punjab to less than one per cent in some States. Punjab gets 6.5 per cent as minimum support prices (MSP) mechanism being discontinued but due to vested interests as some states are concerned over the loss of revenue from mandi taxes and fees, State Bank of India’s (SBI) economic think-tank, Ecowrap, has said.