-The Indian Express The budget is an opportunity for government to address the simmering discontent and disillusion in rural India. The first advance estimates of GDP growth, at 2011-12 constant prices, put the growth for FY16 at 7.6 per cent over the previous year. This is the highest growth rate in the first four years of the forgotten 12th Five-Year Plan. No wonder this makes the Narendra Modi-led NDA government somewhat...

-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on Crop Loan Subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...

-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...

-The Hindu Crop insurance has always been a knotty issue with the two previous ones, National Agricultural Insurance Scheme (NIAS) of 1999 and the Modified NAIS of 2010 failing to address the concerns. Hyderabad: Agriculture scientists, NGOs and farmer leaders have picked holes in the recently launched Pradhan Mantri Fasal Bhima Yojana (PMFBY) touted as the much-awaited ‘suraksha kavach’ (shield) and panacea for all crop insurance related ills. Crop insurance has always been...

-The Indian Express Also seek higher allocation for Price Stabilisation Fund in a pre-Budget meet Farmers’ organisations, food and fertiliser companies and agriculture experts on Monday urged finance minister Arun Jaitely to ensure that farmers get  remunerative prices for their produce and make sufficient Budget outlay to create  irrigation facilities in the remaining rain-fed areas. They also sought increase in the outlay for expanding the number of agriculture market yards and higher allocation...