-The Tribune The economic argument in support of market reforms, claiming that farm incomes go up when the number of farmers recedes, has turned out to be untrue. America has lost more than 5 million farms in less than 100 years, and Australia 25 per cent of its farms between 1980 and 2002. The speed at which farmers across the globe have got out of agriculture hasn’t increased farm incomes, but...
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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Workers demand implementation of policy for migrants
-The Hindu They say almost a year after COVID-19-induced lockdown, govt. has not kept its promises A group of hawkers, sex workers, domestic workers, rescued bonded labourers and other unorganised workers gathered at Jantar Mantar here on Thursday, almost a year after Prime Minister Narendra Modi announced a lockdown to curb the spread of COVID-19, setting off a crisis for migrant workers, to demand that the government fulfil the promises made during...
More »Lessons in direct Income Support from Odisha -Varad Pande and Shilpa Kumar
-The Indian Express Governments can learn much on how to construct a social welfare system for farmers from Odisha's KALIA scheme for DIS. The recent farmer agitation has brought the issue of farmer distress front and centre in the public consciousness. The time seems ripe to find new solutions to the structural challenges facing farmers. One promising step is the shift from non-targeted agriculture subsidies towards direct Income Support (DIS). A key...
More »Punjab study links rise in farm incomes to FPO membership -Vikas Vasudeva
-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...
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