-Reuters Prime Minister Narendra Modi plans to provide millions of farmers with income insurance linked to crop prices, officials say, but it may not do much to ease RURAL DISTRESS, with small farmers standing to benefit little and likely to be put off by bureaucracy. Modi's Bharatiya Janata Party (BJP), which swept to office a year ago, hopes to consolidate its power in local elections over the next two years, but anger...
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Woes of the farmer -Jaydev Jana
-The Statesman Agriculture is the source of livelihood for nearly 700 million people in India, representing a huge workforce. More than half the GDP of the rural economy is based on agriculture. It is not just a profession but a traditional occupation, a way of life. Agriculture is characterised by small and fragmented land holdings. Small (up to one hectare of land) and marginal (more than one ha and up to 2...
More »Weather department downgrades monsoon forecast to 88%, stokes drought fears; govt 'prays'
-Hindustan Times India’s June-September monsoon, the lifeblood of Asia’s third-largest economy, will most likely be “deficient” this year with the met department downgrading its forecast from 93% to 88%, earth sciences minister Harsh Vardhan said on Tuesday. The India Meteorological Department’s (IMD) revision -- which had forecast “below normal” monsoon in April -- will potentially toughen challenges for the Narendra Modi government already battling a farm crisis triggered by unseasonal rains in...
More »Modi government cuts social sector allocations to states by half to promote cooperative federalism
-The Economic Times BENGALURU: As the central government devolves more fiscal freedom to the states, they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push toward cooperative federalism. Finance Minister Arun Jaitley's February budget cut allocations to the states by more than half in...
More »Is the MGNREGA being set up for failure? -G Sampath & Rukmini S
-The Hindu The Mahatma Gandhi National Rural Employee Guarantee Scheme (MGNREGA) has generated more rural employment than any other government scheme or private initiative in the history of independent India. At the same time, it has also generated a great deal of controversy over its merits and demerits. It would be fair to say that the policy establishment in the country right now is not favourably disposed towards the MGNREGA, with the...
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