-Centre for Budget and Governance Accountability (CBGA) The Interim Union Budget 2019-20, the last budget presented by the incumbent government, comes at a time when the economy is beset with myriad problems. Among the various challenges facing the economy, perhaps the most critical are those related to the acute agrarian distress, burgeoning unemployment and slowing down of the economy. While it is true that many of these problems began prior to...
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No budget for farmers -Ashok Gulati
-The Indian Express Direct income support for farmers is too late, too little The hopes of farmers for a meaningful package from the Modi government have evaporated after the announcements in the Union budget. The proposed Rs 6,000 annual direct income support to small and marginal farmers is a drop in the ocean. States like Telangana and Odisha have done much better with their Rythu Bandhu and Kalia schemes respectively. After...
More »No way Congress' minimum income guarantee will work without raising taxes -Yogendra Yadav
-ThePrint.in Irrespective of its merits and eventual fate, the basic income proposal means that this election is now focused firmly on the economy. Congress president Rahul Gandhi’s announcement about minimum income guarantee (MIG) is the first big idea introduced in the run-up to the 2019 Lok Sabha elections. So far, the election was building up towards one of the many vacuous and noisy contestations that we have witnessed in the last few...
More »Farm loan waiver: Majority and poorest farmers do not benefit-a status check -Prasanna Mohanty
-BusinessToday.in There is, however, no silver bullet solution to agrarian distress. It needs long-term planning and multi-pronged strategy. Agrarian distress has come to the centre stage of national discourse primarily because of last year's multiple farmers' marches and the electoral outcomes in the three Hindi heartland states of Rajasthan, Madhya Pradesh and Chhattisgarh. This augurs well for a sector which provides 49% of total employment and supports nearly 70% of population but...
More »Impossible to double farmers' income in six years, says Abhijit Sen -Abhishek Waghmare
-Business Standard Ex Plan panel member also says demonetisation took a huge toll on cultivators and labourers; favours loan waivers, is skeptical about cash support scheme New Delhi: Former member of the erstwhile Planning Commission, Abhijit Sen, has said that the ambitious aim of doubling farmers’ incomes is impossible target in the period the government has set for it. Addressing an Economics Summit organised by Sri Ram College of Commerce in Delhi,...
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