-Hindustan Times Better health and education facilities, and expansion of old age pension and insurance must follow to improve the socio-economic status of the people . A battle cry of the Congress in the current election is the Nyuntam Aay Yojana (Nyay), which promises Rs 6,000 per month to the poorest 20% of the households. Some have questioned its rationale. Others have questioned its feasibility. Still others have been laudatory about it....
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Cash Transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury
-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say Cash Transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...
More »Direct benefit transfer of subsidies crosses Rs.3-lakh-cr mark in 2018-19 -Surabhi
-The Hindu Business Line The 60% jump over last year is due to DBT in fertiliser where Rs.39,230 cr was transferred Mumbai: Direct benefit transfer of subsidies in cash and kind crossed the Rs.3-lakh crore mark in 2018-19 to 123.8 crore beneficiaries through over 351-crore transactions. Official data reveals that DBT in both cash and kind amounted to Rs.3,06,260 crore last fiscal, a 60 per cent jump from Rs.1,90,870.9 crore in 2017-18. A significant...
More »Rural Bihar prefer healthcare, infrastructure over cash transfer: World Bank -Asit Ranjan Mishra
-Livemint.com * Only 13% surveyed chose cash if it came at the expense of spending to improve public health and nutrition * The number grew to 35% if the cash came at the expense of improving roads New Delhi: A timely survey conducted in rural Bihar by a World Bank economist and two professors from the Georgetown University to gauge the response of poor people on the raging debate over a minimum income...
More »Making sense of NYAY -Jean Dreze
-The Indian Express It is best read as a political promise for social security. There is more than one way of redeeming it Guaranteed minimum income is a powerful idea that has already made some headway in various countries. Some European countries, for instance, guarantee a minimum income to their citizens. This requires extensive data collection as well as an effective cadre of welfare officers and social workers tasked with enquiring...
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