-Newsclick.in Shrinking farm incomes, frozen wages and lack of jobs is driving people to work in the scheme for a pittance. Nearly 9 crore Indians applied for work in the rural jobs guarantee scheme (MGNREGS) in 2017-18, according to data put out by the ministry of rural development. That’s a staggering 42% of the rural work force. Of those who applied for work, some 1.4 crore persons (or about 15%) were turned...
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Farm distress: direct income support 'less distortionary', says ICRIER study -TV Jayan
-The Hindu Business Line New Delhi: Giving direct income support (DIS) to farmers — similar to what Telangana recently launched — may be a better option than the price deficiency payment (PDP) scheme or higher minimum support price (MSP) to address farm distress, according to a new study. Paying higher MSP based on cost-plus pricing would lead to market distortion. PDP schemes such as Bhavantar Bhugtan Yojana (BBY), which was in force...
More »Doubling of farmers' income: Time to swing into action - Here is why -T Nanda Kumar
-The Financial Express Increasing farm productivity alone will not help raise farmers’ income and may even be detrimental. the need is to diversify farmers’ sources of income. One of the most important statements made in recent times by the government was the declaration of its intention to double farmers’ income by 2022. The statement of prime minister Narendra Modi in Bareilly on February 28, 2016, must have made the farmers leap with...
More »Niti Aayog misses deadline to suggest MSP procurement model, farmers continue to bear brunt -Anuradha Shukla
-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...
More »Farm distress is now haunting us: NITI Aayog's Rajiv Kumar -Sayantan Bera
-Livemint.com The NITI Aayog and the government have decided to focus only and only on farmers and the agriculture sector, says NITI Aayog VC Rajiv Kumar New Delhi: The spectre of farm distress has finally begun to haunt policymakers and the government is doing everything it can to address the situation, Rajiv Kumar, vice-chairman of central government think tank NITI Aayog, said on Friday. “We in the NITI Aayog and the government have...
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