Notes and Study material for Exams
One Nation One Ration Card: A Step Towards Seamless Food Security? The One Nation One Ration Card (ONORC) scheme, launched by the Indian government in 2020, aims to revolutionize the public distribution system (PDS) by enabling beneficiaries to access their ration from any fair price shop (FPS) across the country. This ambitious initiative seeks to … Read more
The Public Distribution System: A Lifeline for Millions, But Facing Challenges The Public Distribution System (PDS) is a cornerstone of India’s food security strategy, playing a vital role in ensuring access to essential commodities like food grains, sugar, and kerosene to millions of vulnerable citizens. This article delves into the intricacies of the PDS, exploring … Read more
The Amber Box Subsidy: A Complex and Controversial Tool in Agricultural Trade The global agricultural trade landscape is a complex web of policies, subsidies, and regulations. One of the most contentious issues in this landscape is the use of Amber Box subsidies, a form of government support that directly distorts market prices and trade flows. … Read more
The Blue Box Subsidy: A Controversial Tool in Agricultural Trade The global agricultural landscape is a complex web of interconnected factors, with trade playing a pivotal role. Governments worldwide employ various policies to support their domestic agricultural sectors, including subsidies. Among these, the “Blue Box” subsidy stands out as a particularly controversial tool, often debated … Read more
Tilling the Ground for Growth: A Deep Dive into Agricultural Equipment Subsidies The agricultural sector, a cornerstone of global economies, relies heavily on efficient and modern equipment. However, the high cost of these machines can be a significant barrier for farmers, particularly in developing countries. To bridge this gap and foster agricultural growth, governments worldwide … Read more
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
The Doha Development Agenda (DDA) is a set of negotiations within the World Trade Organization (WTO) that began in November 2001. The DDA aims to improve the trading system for developing countries, and to address issues such as agricultural subsidies, market access, and Intellectual Property Rights. The DDA is divided into 21 areas of negotiation, … Read more
The Agreement on Agriculture (AoA) is a multilateral agreement signed in 1994 as part of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT). The AoA aims to reduce agricultural subsidies and trade barriers, and to promote agricultural trade LiberalizationLiberalization. The AoA covers a wide range of topics, including: Market access: The … Read more