Free Markets and Agricultural Efficiency in India

This chapter explores the economic concepts of Adam Smith within the context of modern India, highlighting the adverse effects of government interference in markets. Through comparisons of agricultural practices in Uttar Pradesh and Andhra Pradesh, the discussion emphasizes the benefits of free-market capitalism and the need for reform in trade policies. The chapter also addresses challenges faced by farmers, foreign investment issues, and advocates for direct benefit transfers to improve efficiency and productivity in agriculture.