-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...
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Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »West Bengal: New schemes to provide Rs 2 lakh compensation for farmers' deaths, says Mamata Banerjee
-Scroll.in The chief minister said the ‘Krishak Bandhu’ schemes are expected to benefit over 72 lakh farmers in the state. West Bengal Chief Minister Mamata Banerjee on Monday announced schemes for farmers, months ahead of the 2019 Lok Sabha elections. Banerjee said that the state government will pay the premium on crop insurance schemes and will give farmers Rs 5,000 per acre annually, ANI reported. In case a farmer between the age of...
More »30 lakh reapply for inclusion in Assam NRC -Rahul Karmakar
-The Hindu Exercise of claims ends; 600 objections have been filed GUWAHATI: About 30 lakh of the 40.07 lakh people left out of the final draft of the updated National Register of Citizens (NRC) published five months ago have applied again for inclusion during the claims and objections round that ended on Monday. During the phase, 600 objections also came in from those who doubted the citizenship of others included in the draft. Deadline...
More »Lifelines beyond farm loan waivers -Kirankumar Vissa
-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...
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