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CONTEXT:
Fundamentally wrong:
Cost of inaction?
Conclusion:
CONTEXT:
The Hindu
The government has opened up the output market:
. Opening up the output market with the aim to let market forces
improve efficiency and create more value for farmers and the economy.
. The recent passed three new Laws state that farmers are now free to
sell all their products anywhere and to anyone beyond the physical premises
of APMC markets.
. The laws also promote contract farming through establishing
partnerships between farmers and food-processing companies, and also
permit unlimited hoarding of food except in special circumstances.
. The corporate-buyers might just not buy the full quantity of the
product on one or another pretext or delay payments , and if farmers complain,
the corporates have access to a battery of lawyers, the fine print in contracts,
the advantage of language, and, above all, the capacity to wait it out.
. The other issue is in regard to different regions and crops.
Many proponents of the agri-marketing laws maintain that farmers from
outside the wheat-rice belts in northern India are not protesting. Evidently so,
since the country is diverse with some 15 agroclimatic zones and has over 50
crops grown.
Benefits in fevered?
. New selling option: The bill gives the long sought freedom to the
farmers of selling their produce via more than one channel of APMCs.
. Might be better price: It will also help farmers of regions with
surplus produce to get better prices and consumers of regions with shortages,
lower prices.
. Promote national and international trade: It will also promote
barrier-free inter-state and intra-state trade and commerce outside the
physical premises of markets notified under State Agricultural Produce
marketing legislations.
. One India, One Agriculture Market: The Bill basically aims at
creating additional trading opportunities outside the APMC market yards to
help farmers get remunerative prices due to additional
competition.
Way forward:
. The farmers will earn better income as they get to dictate their own
price and do not have to pay transportation charges anymore.
. Having a variety of buyers will protect farmers from exploitation and by
having more sellers (farmers), consumers can buy better products at better
deals.
. Although the role of middlemen is not going to end completely, their
hold on the trade will not be as strong.
. Competition is the best protector of stakeholders whether it is
consumer or the farmers.
. Shock treatments do not work anywhere, be it agriculture, industry or
the economy. Many an industry, post-1991, shut down due to “shock
treatment” then, resulting in a second de-industrialization and the loss of
hundreds of thousands of industrial jobs.
3) Changing contours of India-U.K. ties
The two countries have a shared past and need to chart a
different shared future.
CONTEXT:
. The Prime Minister’s choices have mostly been leaders identified with
the Western camp. Besides this, the invitation to Britain was the sixth to that
country, more than to any other nation.
. There is much in common between Mr. Modi’s recent invitees, Mr.
Bolsonaro, Mr. Trump and Mr. Johnson.They are all populist
nationalists advocating ‘make my country great again’ and ‘my
country first’. Their brand of democratic politics is self-centred and
impervious to criticism.
. In one aspect of his invitation to Mr. Johnson, Prime Minister Modi
was remarkably prescient. With the EU-British trade agreement
concluded in the dying hours of 2020, the betting now is that Mr.
Johnson will lead his Conservative Party into the next election in 2024 as
Prime Minister.
Way forward: