One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

-The Telegraph Haugen, a former Facebook data scientist, recently told the US Congress that the social media giant 'promotes global division and ethnic violence', including in India The disclosures of Frances Haugen, who hit the headlines across the world earlier this week as “the Facebook whistleblower”, include multiple references to the promotion of divisions and ethnic violence in India. Her main claims on Facebook’s work in India are that pages associated with the...

-Hindustan Times PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( ₹8.9 lakh), life insurance policies ( ₹1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for ₹20,000 Prime Minister Narendra Modi’s net worth is ₹3.07 crore as per his latest declaration, a rise of ₹22 lakh from last year’s ₹2.85 crore, according to...

-Down to Earth Erratic rainfall, floods, water-logging, cyclones and sea erosion are factors that make Odisha a state highly exposed to climate change, say experts Less rainfall during June, July and August as well as excess rain September were sure shot signs that Odisha had been struck by climate change this year, experts said September 23, 2021. The southwest monsoon was rather weak during the peak cultivation season from June to August this...

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...