Notes and Study material for Exams
What is an Export Subsidy? An export subsidy is a government policy that provides financial assistance to domestic firms that export their goods and services. This assistance can take many forms, such as direct payments, tax breaks, or government-provided insurance. The goal of export subsidies is to make it more profitable for domestic firms to … Read more
Fertilizer Subsidy Fertilizer subsidy is a government program that provides financial assistance to farmers to help them purchase fertilizer. The goal of fertilizer subsidy is to increase agricultural production and reduce the cost of food. Fertilizer subsidy is a common practice in many countries around the world. In the United States, the federal government provides … Read more
The Minimum Support Price (MSP): A Lifeline or a Crutch for Indian Farmers? The Minimum Support Price (MSP) is a cornerstone of India’s agricultural policy, designed to provide a safety net for farmers and ensure food security for the nation. However, its effectiveness and long-term implications have been subject to intense debate, with proponents arguing … Read more
Commission for Agricultural Cost and Prices (CACP) The Commission for Agricultural Cost and Prices (CACP) is an autonomous body under the Ministry of Agriculture and Farmers Welfare, Government of India. It was established in 1965 to advise the government on matters relating to agricultural costs, prices, and production. The CACP is headed by a Chairman, … Read more
The Complex Landscape of Farm Subsidies: A Deep Dive into Direct, Indirect, and Minimum Support Prices The global agricultural landscape is a complex tapestry woven with intricate threads of trade, policy, and economic forces. At the heart of this tapestry lies the controversial issue of farm subsidies, a multifaceted tool used by governments to support … Read more
A Journey Through Time: Exploring the World of Ancient Metal Coins The clinking of coins, a familiar sound in our modern world, echoes through the ages. These seemingly simple pieces of metal, often taken for granted, hold within them a rich history, a testament to human ingenuity and the evolution of trade and commerce. Ancient … Read more
The Shifting Sands of Society: A Deep Dive into Social Change Social change, a constant and dynamic force shaping the fabric of human civilization, is a multifaceted phenomenon that encompasses a wide range of transformations in societal structures, beliefs, values, and behaviors. It is a process that can be gradual, incremental, or abrupt, driven by … Read more
Contract Farming Contract farming is an agreement between a farmer and a buyer, whereby the farmer agrees to grow a certain crop or LivestockLivestock product for the buyer, who agrees to purchase the produce at a pre-agreed price. This type of arrangement can benefit both parties, as it can provide farmers with a guaranteed market … Read more
