-The Hindu To show Indian agriculture as being net taxed to argue for the farm laws has poor conceptual validity Over the past three decades, a major rationale offered in favour of liberalising Indian agriculture was that farmers were “net taxed”. In other words, incomes of farmers were kept artificially lower than what they should have been. It was argued that this “net taxation” existed because protectionist policies deprived farmers of higher...
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Global antitrust and the challenge of Big Tech -V Sridhar
-The Hindu The issue is about checking their monopoly power while encouraging their positive externalities and consumer surplus There are ongoing investigations worldwide, including in the European Union and the United States, on the abuse of monopolistic power by the Big Tech firms, especially Facebook and Google. Many compare this with the earlier antitrust investigations in the U.S. on the telecom industry and the break-up of the AT&T dictated by the Department...
More »The global angle to the farmer protests -Utsa Patnaik
-The Hindu It is not just domestic firms that are potential beneficiaries of the new farm laws; foreign agribusinesses are a danger too The farmers’ movement for the repeal of the three farm laws which affect them closely but have been rammed through without consulting them, has now entered its second month. It is of historic significance. It is not just about minimum support prices but also about the survival of the...
More »Amid protests over agri laws let's look at how some countries support farmers -Richard Mahapatra
-Down to Earth Every day, 54, mostly developed countries give nearly $2 billion in support to their farmers The sites of the farmers’ protests on the borders of Delhi are a microcosm of Indian peasantry — rich and poor, small and big, irrigated and rainfed and supported and not supported. The voices from these sites have now merged into one clarion call: Guarantee government support to farmers by legalising the minimum support...
More »Human development index: India performs worse than G-20 developing countries -Rajiv Shah
-Counterview.net A new book, “Sustainable Development in India: A Comparison with the G-20”, authored by Dr Keshab Chandra Mandal, has regretted that though India’s GDP has doubled over the last one decade, its human development indicators are worse than not just developed countries of the Group of 20 countries but also developing countries who its members. The G-20 – consisting of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan,...
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