Maharashtra govt will amend agri law to protect interest of farmers: Balasaheb Thorat

UP prepared for third COVID wave, favours GST cuts to facilitate patients: State FM Suresh Kumar Khanna

He said the UP government is in favour of cutting taxes on COVID essentials to facilitate patients, but will accept the decision of the GST Council with regard to Goods and Services Tax rates.

Thorat, a senior Congress leader, along with state Cooperation Minister Balasaheb Patil, Agriculture Minister Dada Bhuse and MoS Agriculture and Cooperation Vishwajeet Kadam met Pawar to discuss the draft law.

“We also discussed the Centre’s new law on cooperative banking which we feel will hurt the cooperative sector,” Thorat added.

The Maharashtra government will amend its agriculture law to protect farmers and APMCs as the three Central farm laws are not in the interest of agriculturists, state Revenue Minister Balasaheb Thorat said on Wednesday.

He said the draft law will be introduced in the monsoon session of the Maharashtra legislature beginning July 5.

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“We want to amend the state agriculture law as we feel that the Union government’s agriculture laws are not in the interest of farmers. The proposed amendments will ensure the protection of Agriculture Produce Marketing Committees (APMCs), redressal of grievances of farmers and protection of the interests of agriculturists during the crop trade among others. We will also insert a provision mandating license for traders which was not there in the Central laws,” Thorat told reporters after meeting NCP chief Sharad Pawar at his residence here.

Thorat, a senior Congress leader, along with state Cooperation Minister Balasaheb Patil, Agriculture Minister Dada Bhuse and MoS Agriculture and Cooperation Vishwajeet Kadam met Pawar to discuss the draft law.

“We also discussed the Centre’s new law on cooperative banking which we feel will hurt the cooperative sector,” Thorat added.

Europe’s stimulus likely to keep running as economies reopen

And that could present a challenge for ECB head Christine Lagarde. She faces a balancing act: acknowledging improving economic data without triggering a premature market reaction that anticipates the eventual reduction in central bank support for the economy.

Thousands of farmers, mostly from Punjab, Haryana and western Uttar Pradesh, have been camping at the Delhi border points — Singhu, Tikri and Ghazipur — since November 2020, demanding the repeal of the three farm laws and a legal guarantee on the minimum support price (MSP) for their crops.

Multiple rounds of talks between the Centre and farmers’ bodies have failed to resolve the deadlock.

Union Agriculture Minister Narendra Singh Tomar had on Tuesday said the government was ready to talk with the agitating farmers on the “options other than the farm bills”.


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RBI money printing should be last option, govt can consider Covid bonds, says D Subbarao

In contrast, Subbarao said, monetisation is seen as a way of financing the government’s fiscal deficit, with the quantum and timing of money to be printed being decided by the government’s borrowing requirement rather than the RBI’s monetary policy.