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Niti Aayog bats for direct benefit transfer to farmers -Yogima Sharma

-The Economic Times NEW DELHI: Farmers could get annual income support of Rs 15,000 per hectare if the Niti Aayog’s proposal for an upfront subsidy through direct benefit transfer is accepted, said people with knowledge of the matter. The Aayog has suggested that all subsidies for agriculture, including fertiliser, electricity, crop insurance, irrigation and interest subvention be replaced by income transfer. Telangana and Odisha have adopted income support to help alleviate agrarian...

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Addressing Agrarian Distress: An alternative 'area planning' price support scheme for farmers -Sher Singh Sangwan

-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...

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Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan

-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...

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NREGA progress remains slow as drought worsens -Kavitha Iyer

-The Indian Express While a focused jobs guarantee thrust could help mitigate financial distress for tens of thousands of rural families, Maharashtra’s performance on MGNREGA until now this year has been lacklustre on several counts. Mumbai: As drought conditions worsen in across large parts of rural Maharashtra and sowing for rabi crops adversely affected, the state is expected to give a fresh push to the Mahatma Gandhi National Rural Employment Guarantee...

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99% MGNREGA funds "exhausted", Govt of India makes no additional sanctions: Study

-Counterview.net A letter, addressed to Prime Minister Narendra Modi, and prepared by senior activists led by Aruna Roy on behalf of the Peoples’ Action for Employment Guarantee (PAEG), and signed, among others, by 80 members of Parliament, has regretted that, despite repeated public statements by his government promising employment and job creation that will boost the country’s growth, the country’s only employment guarantee programme, Mahatma Gandhi National Rural Employment Guarantee Act...

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