-Newsclick.in Hatsun Agro Products doesn’t pay minimum wages despite a turnover of Rs 5,500 crore and forces employees to resign.  With a massive turnover of Rs 5,500 crore at the end of the 2021 fiscal, Hatsun Agro Products (HAP), the country’s largest private dairy products company, reported a massive 25% increase in net profit for the second quarter as against the same period in the previous year. Around the time the company planned...

-Newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal Distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...

-The Telegraph The govt would be providing it to all its over 7 lakh students of Classes IX-XII for the first time since its over two-decade existence Jamshedpur: Students in government schools and intermediate colleges of Jharkhand will not have to purchase textbooks. The Jharkhand government would be providing free textbooks to all its over 7 lakh students of Classes IX-XII for the first time since it’s over two decades of existence. It...

-Newsclick.in Godowns of co-operatives have run out of DAP, urea, and other fertilisers essential for Rabi sowing. Many farmers in or around Lalitpur have either died by suicide or from exhaustion in their desperate bid to procure few bags of the soil nutrient Lucknow: In the last one week or so, farmers in the Bundelkhand region of Uttar Pradesh have reported a huge crunch of fertilisers at a time when the sowing...

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...