The new farm legislation, passed in Sept, will allow private firms to buy produce directly from farmers, moving from the decades-old system of state-run wholesale buyers and markets that guaranteed MSP 6 min read . 17 Jan 2021 Bloomberg For weeks, thousands of farmers have camped outside Delhi, demanding the withdrawal of recently passed farm laws they say, without evidence, was designed to allow billionaires such as Mukesh Ambani and Gautam Adani to enter farming. The tycoons say they have no such interest. Over 1,500 phone towers of Ambani’s wireless carrier were vandalized last month Two of India’s richest men have landed in an unlikely controversy over farming laws , becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi. For weeks, tens of thousands of farmers have camped outside the nation’s capital, demanding the withdrawal of recently passed legislation they say, without evidence, was designed to allow bi
In a dark moment, some predict a new economic and cultural boom. Here’s the reality Steve LeVine 20 hours ago · Photo illustration, sources: Vintage Images; Jasmin Merdan/Moment; Issarawat Tattong/Moment (via Getty) In recent years, leading economists, investors, and journalists have painted a decidedly grim vision of our near future: The U.S. economic system and society itself are coming apart, these dystopian voices have said, beset by one of the darkest chapters in the country’s history, including a pandemic, a jobs apocalypse, and now a deadly attack on Congress. Yet, in one of the most whiplash-inducing s p iritual flip-flops in memory, the new zeitgeist for the next decade is shimmering positivism. The Economist is tantalized by hints of “a new period of economic dynamism,” and the Financial Times of “ a once-in-a-century boom.” The Wall Street Journal foresees the best era for manufacturing since the 1990s, and even Nobel laureate Paul Krugman, one of the most convinced