-The Hindu In the farm laws debate, the focus should be on the exchequer-farm subsidies issue and the spending on farm subsidies In the on-going debates around the three new pieces of agricultural legislation and the farmers’ demand for continuation of minimum support prices (MSP), questions have often been raised whether the government should be using the taxpayers’ money to provide subsidies to the farming community in this country. However, logically, two...

-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...

-TheWire.in The economists, who have engaged with issues of agricultural policy, said that the Centre's reforms were based on "wrong assumptions" about why farmers were unable to get remunerative prices. New Delhi: A group of senior economists have released an open letter to the Union agriculture minister Narendra Singh Tomar calling for the repeal of the three contentious farm bills “which are not in the best interests of the small and marginal...

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

-The Hindu The debate on agricultural issues must take into account the changed geography of procurement and the seller’s profile According to one definition, a factoid is “an item of unreliable information that is reported and repeated so often that it becomes accepted as fact”. After the passage of the three controversial farm laws, the Minimum Support Price (MSP) — not mentioned in the laws — has gained a lot of attention....