-The Hindu Business Line A host of initiatives in the Budget should make the sector vibrant Budget 2022 seeks to double farmers’ income by building a robust system that enables easier access to finance, the marketplace and new-age technology. The government has allocated a sizeable amount for rural infrastructure development. This will help farmers get better access to the marketplace National Federation of State Co-operative Banks (NAFSCOB) data of 2019-20 shows that around...
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A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
More »PM CARES Collected Rs.10,990 Crore Till March 2021, Spent ₹ 3,976 Crore -Arvind Gunasekar
-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CARES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CARES...
More »The curious case of Meghalaya’s COVID-19 relief package -Rakshita Swamy and Angela Rangad
-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...
More »Budget 2022 Shows How Quickly We Forget the Social and Welfare Net That Served Us During COVID -Avani Kapur
-TheWire.in With revenues of the government expanding significantly, this was an opportunity to present a more expansive budget. Unfortunately, the budget made a clear choice. Unlike last year, this year expectations from Budget 2022-23 with respect to the social sector – particularly with respect to schemes for nutrition – were low. While India relied heavily during the peak of the pandemic last year on its welfare architecture, trends on the release of funds...
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