Protests against the new farm laws have entered a crucial phase, with the Supreme Court proposing a joint committee of farmers and government representatives to discuss the points of disagreements. How negotiations pan out is an open question with an obdurate opposition meeting an implacable government. At the heart of the issue is the stability and growth of farm incomes, especially for the big farmers of Punjab who are blockading Delhi’s borders. As T C A Srinivasa Raghavan explains in his column, the Minimum Support Price at the heart of the protests seeks to smoothen the income stream for farmers and “is more like a salary. Diluting it by having competing markets is like having “variable pay, a way of reducing the actual cost to the company, which in the case of agriculture is the government”. Read his deconstruction of the issue here.
Other views examine the emerging global challenges to the dominance of the FAANGs, the pitfalls of Narendra Modi’s popularity and the Pornhub debacle. Kanika Datta sums up the views
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- 26 years of website archives.
- Preferential invites to Business Standard events.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Sat, December 19 2020. 06:55 IST