-Foundation of Agrarian Studies Crop loss is a common characteristic of agricultural households in rural India. Various factors cause crop losses such as the abnormal behaviour of monsoon, i.e. excessive rainfall or drought, cyclones, lightning, storm, diseases, insects, animals, and so on. Crop insurance acts as mechanism to cope with the problem of crop loss, specifically to reduce the impact of income loss for the agricultural households. This blog will draw a...

-Financial Express Under the Act, sugar mill owners are bound to pay interest if they fail to make the payment to farmers within 14 days of purchase. Complying with an Allahabad High Court order, the Yogi Adityanath government has asked 10 sugar mills in the state to pay 12% simple interest to the farmers for the late payment of their Sugarcane dues for three financial years: 2012-13, 2013-14, and 2014-15. These 10 mills...

-PTI/ The Hindu Business Line Says if not cleared by March 31 next year, Sugarcane commissioner will proceed with recovery Lucknow: The Allahabad High Court has directed Bajaj Hindusthan Sugar Limited to clear dues of Sugarcane farmers of its five mill areas at Gola Gokaran Nath, Khambhar Khera, Palia Kalan, Barkhera and Maqsoodapur by March 31, 2022, along with a 15 per cent interest. The Lucknow bench of the court cautioned the company...

-Scroll.in The court was hearing a petition against the Ahmedabad Municipal Corporation, which had seized several vendors’ carts selling meat and egg dishes last month. The Gujarat High Court on Thursday told the Ahmedabad Municipal Corporation that it could not stop the residents of the state from eating non-vegetarian food, Bar and Bench reported. Justice Biren Vaishnav made the statement while hearing a plea by vendors whose carts were seized from the main...

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...