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From Plate to Plough: Raising farmers’ income by 2022 -Ashok Gulati & Shweta Saini

-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (crop insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the incomes of farmers by 2022. According to...

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Understanding the economy of ageing -Jacob Koshy

-The Hindu The Longitudinal Ageing Study of India is to follow the health and socio-economic condition of 60,000 Indians over the age of 45 for at least 25 years and report on how growing old affects the country Half of India’s over 1.2 billion population is 25 years or younger, with only about nine per cent over 60 years. Over the next three decades this is expected to balloon to 20 per...

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The downside of govt's social sector push -Nitin Sethi

-Business Standard While allocations to several social sector schemes have been increased, concerns about the direction of the funds being ploughed remain The health and education sectors have trudged along the last two years awaiting direction that would be set through new policies the National Democratic Alliance government promised. In the absence of these guiding documents, most observers have been left to read the intermittent policy decisions like tea-leaves to guess the...

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Crop insurance revisited

-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new crop insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...

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New crop insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair

-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...

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