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A boy in Mumbai, India
INDIA’S communists attacked an agricultural reform yesterday that will undermine food security and open the nation further to global agribusiness.
Amendments proposed by the cabinet to the Essential Commodities Act remove price controls that ensure staple foods remain affordable and “pave the way to artificial shortages due to speculation by middlemen and traders adversely affecting the country’s food security,” the Communist Party of India-Marxist said.
New “barrier-free interstate and intrastate” sale of farm produce and licences for electronic trading will allow speculative forward trading in commodities and allow the entry of transnational giants into Indian agriculture, the party warned.
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