‘Economic policies need to be restructured’
Thirty years after economic liberalization, considering the global and domestic situation, India needs to restructure its economic policies, said former Union Finance Minister P Chidambaram. Chidambaram expressed this on Saturday. He also said that the five-year term of GST payment to the states by the Center would expire on June 30 and should be extended for another three years.
At the Navsankalp Shibir in Udaipur, 70 senior leaders from each of the six committees have participated in discussions on issues including political, social justice and empowerment, economic and organizational matters, farmers and agriculture, youth and employment, including Congress strategy for the 2024 Lok Sabha elections. The convenors of these committees are Mallikarjun Kharge, Salman Khurshid, P. Chidambaram, Mukul Wasnik, Bhupinder Singh Hooda and Amarinder Singh are waring. On Saturday, Congress president Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi-Vadra took part in discussions of various committees. On the second day of the Navsankalp camp, on Saturday morning, the convener of the financial committee, P. Chidambaram, Bhupinder Singh Hooda, convener of the Farmers and Agriculture Committee in the afternoon and Salman Khurshid, convener of the Social Justice and Empowerment Committee in the evening, briefed the press on the discussions taking place in their committees.
Debt waiver to farmers from debt waiver in Agriculture Committee meeting; Emphasis was also placed on the demand for a minimum support value to be guaranteed by law. Hooda warned that if the Modi government tries to bring back the three black agricultural laws that have been repealed, it will be strongly opposed. Discussions were held on the effects of climate change on agriculture, doubling of farmers’ income, crop insurance scheme, use of MGNREGA to provide employment to agricultural laborers. In 2014, farmers had a debt of Rs 9 lakh 64 thousand crore. It has now reached Rs 16 lakh 80 thousand crore. Hooda said a proposal was made to set up a National Farmers ‘Credit Relief Commission to address the issue of farmers’ loans by giving industry status to agriculture.