-CaravanMagazine.in What the Modi economy has done to farmers On his way to the prime ministership in 2014, Narendra Modi promised that, if his Bharatiya Janata Party won power, the government would raise the minimum support prices paid for crops such as rice and wheat to guarantee farmers a 50-percent profit on their production costs. The benchmark was first proposed by the Swaminathan Commission, formed in 2004 to address farmers’ economic plight,...

-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral...

-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...

-The Times of India NEW DELHI: After an initial target of six crore rural and 1.5 crore urban households, the Jan Dhan scheme for the unbanked has touched 33.5 crore accounts of which 25.6 crore are “operative” while the deposits in the accounts add up to a substantial 85,494 crore. With the government’s focus shifting from “every household” to “every unbanked adult”, the PM Jan Dhan Yojana is offering an enhanced overdraft...

-Down to Earth The scheme's Management Information System destroys local accountability, promotes centralisation and administrative control and gives out wrong data There is an increasing tendency in the Union government to show performances of central schemes, especially social welfare programmes, through data captured by the Management Information System (MIS). It is indeed a matter of astonishment how the MIS data always shows high performances of schemes and programmes, while ground surveys and...