-IANS NEW DELHI: Prime Minister Narendra Modi on Monday unveiled a seven-point strategy to double the income of farmers in six years with measures to step up irrigation, provide better quality seeds and prevent post-harvest losses. "In the past, the emphasis has been on agricultural output, rather than on farmers' Incomes. I've set the objective of doubling the farmers' income by 2022," the prime minister told the Bloomberg India Economic Forum here. "I...
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From Plate to Plough: Raising farmers’ income by 2022 -Ashok Gulati & Shweta Saini
-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (crop insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the Incomes of farmers by 2022. According to...
More »Waterless in Marathwada: Farm crisis is extra hard on women -Kavitha Iyer
-The Indian Express In Marathwada’s worst-hit districts of Beed, Osmanabad and Latur, households now have an uncompromising priority list of expenses as an economy hit by years of near-total crop failure goes into a tailspin. Beed/ Osmanabad: About 65 kilometres from the cracked earth that was once their source of income, Mandakini Mujmule, in her forties, and her daughter Anita, 21, have spent 16 days in Beed city’s government hospital. Mandakini has...
More »Govt mines tax data to prune LPG subsidy list -Jyoti Mukul & Sudheer Pal Singh
-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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