-The Indian Express Government’s scheme to pay Rs 6,000 every year to poor rural households will increase their expenditure, reduce poverty by 10 to 20 per cent in many states. In the last week of February, the government launched a scheme to pay Rs 6,000 every year to poor rural households who own less than 2 hectares of land. The scheme will have an annual outlay of Rs 75,000 crore. The...
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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited Money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Maharashtra asks banks not to divert PM-Kisan Money to farmers' loan accounts -Radheshyam Jadhav
-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to farmers’ loan accounts, the Maharashtra government has instructed banks to return the Money to farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...
More »Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of Money on a regular basis and...
More »MGNREGA Workers Not Paid for Months, FIRs to be Lodged Against PM Modi - Tarique Anwar
-Newsclick.in The additional funds of Rs 6,084 crore released recently will go into clearing the backlog of pending liabilities. Contrary to the claims of highest ever allocation to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the social security scheme that aims to guarantee the right to work is facing severe fund crisis – with state governments left with no funds to pay workers. From October 2018 to February 1, no...
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