Agriculture, GS-3, Uncategorized

No sanctity for sovereign guarantee

Livemint Issue A mismatch between the value of stocks kept in warehouses and loans taken against them. Context It has been found that the stocks of foodgrains kept in the warehouses of the Punjab government are inadequate to cover the loan against such stocks, so the Reserve Bank of India (RBI) has directed banks to… Continue reading No sanctity for sovereign guarantee

Agriculture, GS-3, Indian Economy, Uncategorized

Subsidies in India

Table of contents Introduction Subsidies: are they solution to a problem or are they themselves a problem? Subsidies and its opportunity costs Some subsidies led distortion in India Direct Benefit Transfers as solution JAM Trinity – Jan Dhan Yojna, Adhaar and Mobile base Conclusion Subsidies are one of the quintessential attributes of any welfare state.… Continue reading Subsidies in India

Agriculture, Editorials, GS-3, Science & Tech, Uncategorized

Genetically modified crops: the way forward

Article Link The promise and performance of genetically modified crops in agriculture is once again under the spotlight, with the Genetic Engineering Approval Committee recently putting on hold the discussion on commercial use of genetically modified mustard. GM mustard is the first food crop to have applied for commercialisation after the indefinite ban on the… Continue reading Genetically modified crops: the way forward