BY DEEPAK VARSHNEY, ANJANI KUMAR, P.K. JOSHI AND DEVESH ROY India’s Pradhan Mantri Kisan Samman Nidhi program, known as PM-KISAN, announced in Dec. 2018, was a tectonic shift in the nature of government support to farmers. This direct benefit transfer ... Source: IFPRI South Asia Office
India’s 16-point agriculture plan may falter if it doesn’t focus on incentives
BY Sunil Saroj, Devesh Roy and Mamta Pradhan One of the great examples that economists give on the power of incentives in Econ 101 is this: Towards the end of the 18th century, England began sending convicts to Australia. The government-funded transpor... Source: IFPRI South Asia Office
Leaving the Regional Comprehensive Economic Partnership: India’s missed opportunity?
BY MANMEET AJMANI, VISHRUTA CHOUDHARY AND DEVESH ROY In November, India decided to opt out of the Regional Comprehensive Economic Partnership (RCEP), the world’s newest and largest trading bloc, comprising one third of global GDP and trade. Indian indu... Source: IFPRI South Asia Office
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