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A meaningful safety net for the poor -Kirit Parikh

-The Indian Express Government’s scheme to pay Rs 6,000 every year to poor rural households will increase their expenditure, reduce poverty by 10 to 20 per cent in many states. In the last week of February, the government launched a scheme to pay Rs 6,000 every year to poor rural households who own less than 2 hectares of land. The scheme will have an annual outlay of Rs 75,000 crore. The...

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PM Fasal Bima Yojana is suffering from low coverage since the last 2 years

  The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...

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Is Small Still Beautiful? Revisiting the Farm-Size Productivity Debate -Sarthak Gaurav and Srijit Mishra

-Working Paper No. 74, Nabakrushna Choudhury Centre for Development Studies, Bhubaneswar In this paper, we revisit the well-known debate on the inverse relationship between farm-size and agricultural productivity. Using unit level data from Situation Assessment Survey (SAS) of Agricultural Households in the 70th Round National Sample Survey (NSS), we test the relationship between yield (output per hectare) and land operated as well as the relationship between net returns per hectare and...

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There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana

Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...

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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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