-The Hindu The crisis in agriculture demands that the government announce a strong fiscal stimulus for the rural economy A rather confident statement heard in the midst of India’s COVID-19-induced economic slowdown is this: “Agriculture will lead India’s economic revival”. But how valid is this claim put forward by government spokespersons and some observers? Four major arguments are offered. First, India’s food grain production in 2019-20 was 3.7% higher than in 2018-19. The...
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Extreme rains lead to more rural farmer suicides than droughts: Study -Jayashree Nandi
-Hindustan Times The international study includes data from Indian rural areas while measuring the impact of some weather events on suicides. Not only drought but flooding or even extreme rainfall leading to excess water availability is linked to higher cases of suicides among those above the age of 15 years in rural areas, a new study has suggested. In an analysis of 9,456 suicides between 2001 and 2013 in randomly selected rural areas,...
More »PM CARES Fund gets FCRA exemption without meeting pre-condition of CAG audit -Priscilla Jebaraj
-The Hindu Need to seek consent from PM CARES before giving info on FCRA exemption: MHA response to RTI The PM CARES Fund has received exemption from all provisions of the law meant to regulate foreign donations, although it does not seem to meet the pre-condition of being a body established and owned by the government whose accounts are audited by the Comptroller and Auditor General of India (CAG). Responding to a recent...
More »Six years of Modi govt’s rule has led Indian economy to near collapse -Prabhat Patnaik
-National Herald If the disaster that economy is heading towards is to be avoided, there has to be a massive injection of demand by govt both through transfers and through direct spending on goods and services The GDP growth in the first quarter (April-June) of 2020 over the first quarter of the previous year has been minus 24 per cent according to preliminary official estimates. But most knowledgeable people believe that even...
More »PM Modi launches fisheries, animal husbandry schemes in poll-bound Bihar -Gyan Varma and Anuja
-Livemint.com * The PMMSY scheme is part of the ₹20 trillion stimulus package announced earlier this year by the Union government. PM Modi also announced the launch of e-Gopala mobile app, that provides solutions on issues related to livestock to the farmers. NEW DELHI: Prime Minister Narendra Modi on Thursday launched ₹20,050 crore-Pradhan Mantri Matsya Sampada Yojana (PMMSY) aimed at developing the country’s fisheries sector sustainably. The virtual conference also witnessed the launch...
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