-Livemint.com New system to settle dues to fertilizer firms within a week, record detailed transaction data at time of sale New Delhi: The direct benefits transfer (DBT) scheme for fertilizers that will go on trial in eight districts this month will not entail what its name suggests— the transfer of cash to farmers’ bank accounts. Under the direct transfer of liquefied petroleum gas (LPG) subsidy, customers pay the entire amount for cooking...
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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani
-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
More »Nutrient prices: Non-starter of a cut -Harish Damodaran
-The Indian Express Fertiliser makers rule out reduction in DAP rates, despite exhortations from Centre. Union Chemicals and fertilisers minister Ananth Kumar has stated that companies have “agreed” to slash maximum retail prices of non-urea fertilisers like DAP (di-ammonium phosphate) and MOP (muriate of potash) by Rs 2,500 to Rs 5,000 per tonne, even as plantings for the ongoing kharif season have picked up on the back of a good monsoon. But it...
More »One year of housing for all: At this pace, it’s indeed a dream by 2022 -Shalini Nair
-The Indian Express Housing activists say that a heavy reliance on private sector is the prime reason for poor pace of implementation of the PMAY New Delhi: A year after Prime Minister Narendra Modi launched the Pradhan Mantri Awas Yojana (PMAY) with the stated purpose of constructing two crore houses for the urban poor by 2022—at the rate of 30 lakh houses per year— merely 1,623 houses have been constructed so far. The...
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