Notes and Study material for Exams
Issues of Direct and Indirect Subsidy for farm sector and other social sectors. Subsidy is one of the powerful fiscal instruments, besides taxes and others, by which the objective of Growth and social Justice may be achieved. Subsidies alter relative prices and budget constraints and thereby affect decisions concerning production, consumption and allocation … Read more
Agricultural Pricing Policy: A Balancing Act Between Farmers’ Welfare and Consumer Affordability Agriculture, the backbone of many economies, plays a crucial role in providing food security and generating livelihoods for millions. However, the sector faces numerous challenges, including volatile market prices, fluctuating input costs, and the ever-present need to balance farmers’ income with consumer affordability. … 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
The Prasad Scheme: A Boon for Religious Tourism in India India, a land of diverse cultures and rich heritage, is home to numerous religious sites that attract millions of pilgrims every year. Recognizing the immense potential of religious tourism, the Indian government launched the “Prasad Scheme” in 2015. This ambitious initiative aims to enhance the … Read more
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): Strengthening India’s Farmers Introduction Agriculture, the backbone of the Indian economy, employs a significant portion of the country’s workforce and contributes substantially to its GDP. However, Indian farmers face numerous challenges, including low income, indebtedness, and vulnerability to climate change. Recognizing the need to empower and uplift the agricultural … Read more
PM-KISAN: A Lifeline for India’s Farmers Introduction India, a nation heavily reliant on agriculture, faces a multitude of challenges in sustaining its vast farming community. From fluctuating market prices to unpredictable weather patterns, the lives of Indian farmers are often fraught with uncertainty. Recognizing the need for a robust support system, the Indian government launched … Read more