-Vikalp.ind.in During the past three and half decades, various governments at the centre introduced several crop insurance schemes for the farmers to lessen the risks (partial or full) involved due to natural calamities and crop diseases. In 1985, in its very first attempt, the Government of India (GoI) launched Comprehensive Crop Insurance Scheme (CCIS) with a mandate to a national coverage. In 1999, CCIS was replaced with a new scheme called...
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No way Congress' minimum income guarantee will work without raising taxes -Yogendra Yadav
-ThePrint.in Irrespective of its merits and eventual fate, the basic income proposal means that this election is now focused firmly on the economy. Congress president Rahul Gandhi’s announcement about minimum income guarantee (MIG) is the first big idea introduced in the run-up to the 2019 Lok Sabha elections. So far, the election was building up towards one of the many vacuous and noisy contestations that we have witnessed in the last few...
More »Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh
-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the LIMited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...
More »How to boost women's workforce participation -Surbhi Ghai
-The Hindu Business Line Schemes that promote female employment are not enough. Childcare services can make a big difference, as in Brazil’s case There has been much clamour over the fall in female labour force participation rates (FLPRs) in recent years. The data from the Labour Bureau indicate that the FLPR for ages 15 and above has declined from 30 per cent in 2011-12 to 27.4 per cent in 2015-16. Additionally, estimates suggest...
More »Removing the roots of farmers' distress -C Rangarajan & S Mahendra Dev
-The Hindu Steps like LIMited procurement, boosting productivity and consolidating land holdings can help reduce agrarian distress Recently, there has been active discussion on the strategies addressing farm distress. There are media reports that the ‘interim Budget’ may focus on the farm sector among other things. Agrarian distress, in the present context, is mainly in terms of low agricultural prices and, consequently, poor farm incomes. Low productivity in agriculture and related supply...
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