-The Hindu With government yet to begin procurement, many are forced to destroy their yield unable to meet even the transport cost Exactly five years after a police firing claimed the lives of six garlic farmers in Madhya Pradesh’s Mandsaur who were protesting demanding minimum support price for their produce, farmers in the districts bordering Madhya Pradesh and Rajasthan are up in arms against the State and Union governments for price as...

-Foundation for Agrarian Studies The project report titled “Public Spending on Agriculture in India: 2010-11 to 2019-20,” has been released in April, 2022. The report has been prepared by the Foundation for Agrarian Studies with the support of Rosa Luxembourg Stiftung, New Delhi. In 2021, the Foundation for Agrarian Studies conducted a research project to analyse the trends in public spending on agriculture in India for the most recent decade (2010-11 to...

-Financial Express This is of special interest as FY22 was challenging on several fronts, needing govt intervention Budget FY23 will, of course, be important for the content and its take on the economy, given the Union government has to necessarily take a call on how it thinks the third wave has affected the economy and accordingly make provisions in the Budget. But, also important will be the revised numbers for the different estimates...

-The Hindu Business Line Seeks CCI intervention to procure the natural fibre; traders point to global trend The Indian textile industry has begun expressing concern over soaring cotton prices in global and domestic markets, with some even raising fears that the natural fibre is being hoarded. In a memorandum to Prime Minister Narendra Modi, Southern India Mills Association (SIMA) Chairman Ravi Sam called for steps to stabilise cotton prices, particularly when the country...

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...