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Budget 2019: Farmer payout Rs 6,000 won't cost much but won't mean much either -Harish Damodaran

-The Indian Express Under the Pradhan Mantri — Kisan Samman Nidhi scheme, all farmers cultivating up to two hectares (5 acres) will get direct income support of Rs 6,000 annually, payable in three equal instalments of Rs 2,000 each. Work out the basic arithmetic of a farm’s expense — fertiliser, machinery, fuel, seeds — and an annual Rs 6000-payout, an average of Rs 16.40 a day, doesn’t add up to much. In...

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Interim Budget a 'big disappointment' for education sector: RTE forum national convenor -Madan Kumar

-The Times of India PATNA: The Right to Education Forum’s national convenor Ambarish Rai on Friday said the interim Budget came as a ‘big disappointment’ for education sector. He said the insufficient allocation for education sector shows the union government’s shrinking responsibility towards school education and implementation of the Right to Education (RTE) Act-2009. "The Budget again fails to provide the long pending demand of an investment of 6% of GDP on education....

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Rahul Gandhi's minimum income for poor faces 3 challenges -- cost, targeting & delivery Saksham Khosla

-ThePrint.in Rahul Gandhi’s announcement is certainly good politics, but does it make for good economics? Congress president Rahul Gandhi’s announcement on a minimum income guarantee for the poor, coming days before the Narendra Modi administration unveils its own income support plans in the interim budget, certainly makes for good politics. But does it make for good economics? With the stress on farmer incomes and rural wages reaching crisis proportions, efforts to loosen the...

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Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by Asit Ranjan Mishra (Livemint.com)

-Livemint.com If you want to give a cash benefit, do it without distinguishing between farmers and non-farmers A toothless NITI Aayog is trying to flex its muscles on India’s statistical system. And in doing so, it is destroying its credibility NEW DELHI: The income support scheme announced in the interim budget for small and marginal farmers is both regressive and inefficient, because it neither includes the poorest landless farmers, nor does it...

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The boundaries of welfare -Prabhat Patnaik

-The Indian Express Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor. The Narendra Modi government has now carried its penchant for undermining institutions to the national budget itself. Not only has it treated what should have been an interim budget, as its tenure lasts barely two months into the new financial year, as a full-fledged budget, but it has also...

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