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Reforms in Agriculture Sector

                      The 3 Acts, namely, Farmers' Produce Trade and Commerce ( Promotion and Facilitation) Act, 2020, Farmers ( Empowerement and Protection) Agreement of Price Assurance and Farm Services Act 2020 and Essential Commodities ( Amendment ) Act, 2020 , which the Government of India enacted recently, have the potential to bring about  a major change in the economic condition of the farming community in India.  the farmers have now the option of trading their produce anywhee in the country and they cannot be bound by the rigid regime of local trade area . Government has also kept the system of Minimum Support Price (MSP) intact; only protection now the farmers want is that their making agreement to trade their produce be at a price which must be equal to or higher than the MSP.  In the Rules to be framed by the government ,  specific safeguards be there to protect the small and marginal farmers and tha...

Covid pandemic and opportunity for Indian entrepreneurs

 Amidst all tensions and apprehensions concerning Covid pandemic around the world when the economies have been devastated, Indian government announced a slew of measures to revive and strengthen its economic fundamentals.  One of the announcements pertain to not allowing participation of foreign firms to bid in indian contracts upto Rs 200 crore. This gives Indian entrepreneurs a  very brilliant opportunity to contribute to the growth of our economy; the youths who have ideas and talent must plan to step up their existing concerns and/or set up concerns with modern technology and compete in contract bids in appropriate field . Only important aspect that needs attention is quality output to be provided at the end of the day.  Jai Bharat.