Suchergebnisse

Minimum Support Price (MSP) is the assurance of remunerative price given to farmers for their farm commodities in the beginning of each sowing season. The government essentially guarantees to buy any of the harvest at this price. If the market price is more than the MSP, farmers are free to sell and get higher return. The MSP is thus a safeguard against the prices falling too low. The government has notified MSP for 23 commodities. These 23 crops are listed in table-5. Close to 90 per cent of area under cultivation is covered by these crops. The MSP is fixed at 50 per cent higher than the cost of production. This cost is computed in the following manner

In this chapter, we begin our discussion of antitrust economics by considering what many consider its most central element: its ban on "price fixing" - that is, agreements among competitors over the prices they will charge or the outputs they will produce. Indeed, the prohibition on price fixing is one area of antitrust law that even those generally skeptical of governmental compe- tition policy typically regard approvingly. Nevertheless, despite its current uncontroversial status, we shall see that some significant and challenging open questions remain in this area.

ABSTRACTAmong the reasons common corporate crimes such as price‐fixing lack the "brimstone smell" of common street crimes such as burglary is that newspapers fail to provide frequent, prominent, or criminally oriented coverage of corporate crime. This certainly was true of newspaper coverage of the heavy electrical equipment antitrust cases of 1961. Replicative analysis reveals that this also was true of newspaper coverage of the folding‐carton industry antitrust cases of 1976. Reasons for this continued lack of coverage are discussed, including the diffuse harm characteristic of price‐fixing, the general lack of recognition that corporations are juristic persons capable of criminal deviance, and the disinclination of large organizations to link other large organizations with criminality.

The condition of the price of goods on the market has ups and downs. Under normal conditions the Government does not need to intervene in the market price of the Islamic economy known as tas'ir. This was done by the Messenger of Allah. However, the Prophet's stance does not apply in critical condition, especially when there is an increase in the price of goods that soar (distortion) caused by ihtikar, tadlis, taghrir, and monopoly. So according to the scholars, tas'ir allowed to realize the benefit for the community in accordance with maqasid al-syari'ah, especially maintaining property (hifz al-mal).