-The Hindu The authority of Adam Smith is frequently invoked by supporters of the free market, who argue for extending the market forces to all conceivable goods and services and eliminating any kind of government intervention in markets. However, Smith’s The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations make it clear that he was not a laissez faire or free market...
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Slumping potato prices hit farmers, but worse is yet to come -Kiran Pandey
-Down to Earth Farmers and cold storage owners pay the price of producing and storing bumper crops as wholesale prices dip by 39-50 per cent in December Hit by low wholesale prices, potato farmers in Uttar Pradesh and Punjab have not been able to recover even the production cost of the crop as market price of potatoes crashed by 39-50 per cent in December 2018, shows the latest report on the crop...
More »As cattle market collapses, stray cows raid UP farms -Omar Rashid
-The Hindu With no money to feed them, farmers abandon animals It could take Vijay Rawat a week’s labour to build a temporary fence of Babool tree branches and twigs around his 2.5 bigha field. The thorny plants make the process arduous; he has already suffered cuts and scratches. But if he wants to protect his valuable crops, there is little choice. He cannot afford a wire fence. For farmers like Vijay Rawat...
More »Mainstreaming victims of crimes -GS Bajpai
-The Hindu It is time to make victim impact statements mandatory In Mallikarjun Kodagil (Dead) v. State of Karnataka (2018), the Supreme Court stressed the need to have a victim impact statement “so that an appropriate punishment is awarded to the convict”. This throws up many issues that are of interest to the victims of crimes. The term victim came to be defined in criminal law only in 2009 in India. The victim...
More »Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
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