Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Wednesday, September 6, 2017

Why do agricultural value chains fail? Part (VIII): Will giving things free work?

Introduction

logoWednesday, 6 September 2017

Subsidies are popular economic instruments in agriculture. Input subsides such as seeds and fertiliser and output subsides such as guaranteed price schemes are very popular. In addition agricultural insurance and Information and Communication Technology (ICT) are also gaining a reputation. They also could be given to farmers free or on a subsidised rate.