The Cobra Effect refers to the unintended negative consequences of an incentive that was designed to improve society or individual well-being. The term derives from an attempt to eradicate snakes in India, wherein people bred cobras to collect rewards for their capture.
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Farmers suffer Rs 2.2 trillion loss in wheat alone as agriculture...
ISLAMABAD: Pakistan’s agriculture sector is undergoing a severe crisis, with wheat farmers alone suffering an estimated loss of RS 2,200 billion since May 2024....
