Global economists updated China’s economic outlook this week given the new COVID-19 situation and effects of policy support, and expect a sustainable and more balanced recovery this year. China’s economy is projected to grow by 8.1 percent this year, built on its effective pandemic containment measures and policy support, according to the latest International Monetary […]
The annual Economic Survey released on Friday India’s by India’s finance ministry was the highlight of the week. Quoting profusely from Nobel laureates and economists from all across the world, India’s Chief Economic Advisor Krishnamurthy V. Subramanian highlighted the crisis that the country faced in mitigating the Covid-19 pandemic crisis. However, the dilemma between lives […]
Indian Farm Minister Narendra Singh Tomar on Monday appealed to farmers to accept the new laws that had been introduced with the aim of boosting their productivity and income. “These laws have been introduced after long deliberations with experts who were of the opinion that there was a dire need for them,” he added. “The […]
The Supreme Court on Tuesday suspended the implementation of three farm laws that have sparked farmer protests and said it will appoint a panel of experts to look into the matter for achieving a resolution. “The committee would hear all objections to the law. Those who wish to appear before it can do so. The committee […]
An influential section of farmers group has reiterated their demand for legal guarantees for minimum support prices (MSPs) and repeal of three key legislations for withdrawing their protest while another moderate section urged a dialogue with the government. Yogendra Yadav, leader of Swaraj India, rejected any amendments to resolve the issue. He said the calculation […]
Indian government officials met with representatives of farmer union groups on Wednesday in a fresh attempt to resolve their objections on three key farm laws. Divergent voices have emerged over the issues with one section leaning towards a speedy resolution of the dispute while another maintaining their demand for a complete repeal of the laws. […]
Indian farmers, who have staged a massive protest in the national capital against three new farm laws, remained in a deadlock with the government over their demands including a guarantee for getting minimum support prices (MSP) of crops. Thousands of farmers have arrived in the national capital, notwithstanding the ongoing Covid pandemic, as they think […]
Over the past few weeks, much has been written on the newly enacted farm bills, which have been termed “historic” by the proponents while “death warrant” for farmers by the opposition groups. The issues of contention range from the removal of commission agents, entry of private players, absence of price fixation mechanism among others. For […]
India’s main opposition Congress Party joined hands with several smaller groups to block the introduction of key farm laws to overhaul agriculture markets. The Congress has asked state governments where it is in power to explore ways and means to prevent the new laws that it calls anti-farmer and says encroaches upon state’s powers. Under […]
Indian Prime Minister Narendra Modi on Sunday defended his government’s decision to overhaul agricultural markets through four new legislations that has come under attack by opposition leaders. Modi said that the new laws would benefit farmers tremendously as they will be able to sell their produce anywhere in the country. Previously, they were required to sell only […]
