oppn parties The Farm Sector Reforms cannot Be Kept Pending

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
The Farm Sector Reforms cannot Be Kept Pending

By A Special Correspondent
First publised on 2022-07-22 09:08:28

It is doubtful whether the panel the Centre has formed eight months after repealing the farm laws following the agitation by farmers would achieve anything. One says this because of several things. Firstly, the panel has too many members and is headed by a bureaucrat who was in charge when the laws were introduced; negotiations took place with farm bodies and even when they were finally rolled back. The government can argue that he is best placed to head the panel as he knows all that went into the making of the laws. But the problem is that since the laws were rejected by the farm bodies and led to a prolonged agitation after which they were scrapped, appointing him has probably lead to trust deficit. That brings us to the next problem. The government had invited the Samyukta Kisan Morcha (SKM), the main body that spearheaded the agitation, to nominate three members to the panel but they unfortunately declined to do so.

Maybe that was because of the composition of the panel, its terms of reference and the fact that it will not explore the possibility of making MSP legal, which was one of the main demands of the SKM. The government has said that the panel has been formed to examine how the process of providing MSP for crops could be made more robust. But it has also saddled the panel with the task of finding out better ways to promote natural farming, crop diversification and micro irrigation, among other things. But the farm unions should have participated in the deliberations of the panel to give their inputs. That would have been good for the overall reform of the farm sector.

It would have been better if the government had formed a panel to examine the ways to make the scrapped farm laws better because there is no doubt that the farm sector needs good laws to expand the market and reduce its reliance on MSP and procurement by the government. The laws that were enacted were brought in with long term reforms in mind but the government could not convince the stakeholders. The need is to tweak the laws as per the feedback received and bring all political parties and stakeholders on board to bring in new laws to transform the farm sector.