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...
More »SEARCH RESULT
Total Matching Records found : 7911
Centre to revise wage computation for rural, agricultural workers -AM Jigeesh
-The Hindu Business Line Labour Ministry has decided to change the base year of the Consumer Price Index for Agriculture and rural workers Union Labour Ministry has decided to revise the wage calculation for India’s workforce. The Ministry, in its latest computations, has decided to change the base year of the Consumer Price Index for Agriculture Labourers and Rural Workers (CPI-AL&RW) to 2019. At present, the base year is 1986-87. According to a...
More »Dried Wells, Broken Dams, Distressed Villagers Define UP's Multi-Crore 'Bundelkhand Package' -Dheeraj Mishra
-TheWire.in Corruption, poor quality construction materials and the specious implementation of schemes combined with the Centre’s flawed MSP policies have rendered the attempt to transform the region useless. Chitrakoot/ Banda: On a freezing night in early January, as anchors on television and radio jubilated in the new year and extolled the many ‘achievements’ of the incumbent government, Madhav Prasad, a 55-year-old farmer in Bundelkhand, lay anxious on a cot in his hut. The...
More »Centre vs Punjab: Farmers miss out on incentive to not burn stubble -Vivek Mishra
-Down to Earth Thrice GoI has returned Punjab’s proposal of giving Rs 2,500 per acre to small, marginal farmers even as they demand Rs 6,000 per acre As many as 361,850 small and marginal farmers in Punjab did not receive state incentives for stubble management in the last one year due to paucity of funds. The northern state’s request for financial stimulus to pay this incentive was turned down by the...
More »Private players minting money amid artificial DAP crunch, allege farmers
-The Tribune Kurukshetra: Shortage of DAP has triggered panic among farmers. They have started looking for fertiliser for the wheat-sowing season, but DAP is not easily available. Meanwhile, long queues were witnessed in Shahabad where the farmers had gathered to procure DAP. The farmers alleged that an artificial shortage was being created and private players were minting money by selling the fertiliser at exorbitant rates. Sanjeev, a farmer from Alampur village, said: “Farmers...
More »
