-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
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Maharashtra seen buying 4.5 lt of tur under price support scheme -Rahul Wadke
-The Hindu Business Line Online registration of farmers, higher moisture in the produce delay the procurement Mumbai: The targeted procurement of 4.46 lakh tonnes of tur (redgram or pigeon pea) in Maharashtra is expected to commence on a full scale by February 1. The Nafed procurement process is delayed as farmers have been asked to first register online for selling their produce. Sources in the Nafed said that about one lakh farmers have...
More »Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »PM's plan for free gas connections is failing its objective - as government had been warned it would -Nitin Sethi & Aroon Deep
-Scroll.in A study commissioned in 2015 said that for the Pradhan Mantri Ujjwala Yojana to succeed, the price of gas cylinders would have to be reduced. In an interview to TimesNow on the weekend, Prime Minister Narendra Modi extolled the virtues of the Pradhan Mantri Ujjwala Yojana, which offers free gas connections to the rural poor. “What will be the ease of living for a poor woman, who uses a stove...
More »Millet Mission to promote nutrient-rich cereals; Rs. 800-crore outlay on the cards -Vishwanath Kulkarni
-The Hindu Business Line Likely to be announced in Budget; will help tackle malnutrition, support ryots Bengaluru: In the National Year of Millets, the Centre proposes to adopt a mission-mode approach to promote the nutrient-rich cereals, including sorghum, ragi and foxtail millets. Official sources said a Millet Mission is being proposed with an outlay of ?800 crore for the next two years to boost production of these cereals, which are naturally rich with...
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