How agriculture storage facilities are related to price hikes in India

The Indian agricultural sector is that of storage. Agriculture is a seasonal activity, makes it impossible to grow crops throughout the year. So yields are produced during their season and stored in warehouses to be consumed even during the offseason. Now in the absence of storage facilities, everyone would be starving during the off-season. The… Continue reading How agriculture storage facilities are related to price hikes in India

Government’s plan to give more economic freedom to farmers

The government’s plan to grant farmers more economic freedom. Have you ever wondered how the food we eat reaches us? It’s a rather complicated process. The farmer begins by growing these crops and then harvesting them. The farmer then takes these crops to a center called the APMC or the agriculture produce marketing committee. The… Continue reading Government’s plan to give more economic freedom to farmers

Urban Unemployment in India

The urban unemployment crisis Because of the coronavirus’s highly contagious nature, the forced world to go into lockdown. As a result of people not stepping out of their homes, many people worldwide lost their jobs. Most of these people who lost jobs belong to the informal sector, which means that there is no formal document… Continue reading Urban Unemployment in India

Why do Indians buy so much Gold? How does buying gold affect the economy?

As Indians, we have a significant relationship with gold. Like most Indian families bought gold every time we had a little bit of extra money. While growing up, I would often ask all Indian families, “why are we buying so much of gold?” The standard reply was, “gold is not a purchase it is an… Continue reading Why do Indians buy so much Gold? How does buying gold affect the economy?