On October 22, during the US presidential debate, Donald Trump and Joe Biden had an argument over farmer subsidies. Trump boasted that he had paid $28 billion of subsidies to the farmers, to which Biden responded that it was taxpayers' money. The money was paid by the US government to help farmers tide over losses due to trade restrictions with China—the third-largest importer of America's agricultural products, particularly soybean and corn.
Since the sanctions, the US farmers have relied heavily on government support and got 40 per cent of their net cash income from it. The doles given to American farmers in 2020 amounted to nearly $46 billion. The European Union's common agricultural policy (CAP) gives out $64 billion per year in farming subsidies to its 27 member states. This amount comprises nearly one-third of the EU budget.
Even in the free economies, agriculture is not left to the mercy of market forces. The agriculture sector is affected the most by volatility in prices, so it requires government interventions. In November 2019, when Prime Minister Narendra Modi decided to stay out of the Regional Comprehensive Economic Partnership, one of the intentions was to protect Indian farmers from dumping of dairy products. His legislation to open up the agriculture sector to the private sector, however, has alarmed Indian farmers.
هذه القصة مأخوذة من طبعة January 10, 2021 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة January 10, 2021 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Angry, Young America
Campus protests against the Gaza war continue to linger as students demand a realignment of US ties with Israel
We need to engage more with communities
Designer Aratrik Dev Varman of the label Tilla has long been a lover of history. One could comfortably call him part-aesthete, part-archeologist, for his clothes dip into vintage styles of the Kutch, Sindh, Balochistan and Afghanistan, bringing alive antique styles and crafts. Tilla, the store and atelier, are situated on a tree-lined avenue in Ahmedabad.
The great luxury slowdown
A year or so ago, if anyone had told me that Tommy Hilfiger would have stolen the show at New York’s Met Gala, I would have laughed. But it seems the end of giant luxury labels is upon us even before we expected it. The American ready-to-wear designer Tommy Hilfiger seems to have created the maximum media buzz at the 2024 Met Gala, according to several data analytics firms.
RAP BRINGS RAPTURE
How indie artistes, especially hip-hoppers, are driving the phenomenal rise of Malayalam music
Employability issues are a narrative created by the corporate world
Prof Yogesh Singh is the 23rd vice chancellor of the century-old University of Delhi (DU). An engineer with a PhD in computer engineering, Singh has an impressive track record of teaching, innovation and research in the area of software engineering. He has more than 250 publications and his book, Software Testing, published by the Cambridge University Press, is well-received internationally. In an interview with THE WEEK, Singh talks about trends in higher education in India, the challenges faced by big universities, and how to make higher education more interesting. Asked about the perception that Indian graduates are “not employable”, he reacts strongly, and emphasises the difference between training and higher education. Edited excerpts:
SERVING WITH DISTINCTION
Conceived as a university like no other, Jawaharlal Nehru University became India's best. Here is how
Mandela Effect and Liar's Dividend
The complex tapestry of AI's impact on society
The other Sabyasachi
I am Sabyasachi Mukherjee, not to be confused with my namesake, the celebrated fashion couturier, declared the venerated director-general of Mumbai’s pride, George Wittet’s Indo-Saracenic jewel, the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, formerly known as the Prince of Wales Museum.
THE MANGO HUNTERS
'Naadan Maavukal' started out as a Facebook group, but what it does offline has helped conserve many indigenous varieties of mangoes
BJP LEADERS, TOO, HAVE HAD ENOUGH
Farmers’ protest has taken the centre stage in Haryana, which goes to the polls on May 25. Former Haryana chief minister Bhupinder Singh Hooda is confident that the Congress, which has been out of power for 10 years, will regain its hold on the state. “People who voted for the BJP are disappointed today. It is clear that they want change,” he told THE WEEK.
