-The New Indian Express HYDERABAD: The Telangana Government is contemplating a hike in price as well as quantity of rice given on subsidy to white ration card holders through the public distribution system. The cabinet sub-committee headed by Finance Minister Etela Rajender, which met at the Secretariat Tuesday, discussed the issue plus the mechanism to weed out bogus cards by using the data compiled during the intensive household survey. Later, briefing mediapersons, the...
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FinMin to take stock of Jan Dhan Yojana, send progress report to PM -Mahua Venkatesh
-The Hindustan Times The finance ministry will soon initiate a survey to assess the efficacy of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and analyse how many accounts have been opened. The report will be sent to Prime Minister Narendra Modi. About 40 million accounts have been opened under the scheme so far. "We would soon initiate a survey to understand how many unbanked households have been covered region-wise," a senior finance ministry...
More »Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
More »Aadhaar-subsidy push: Govt for 80% linkage soon in five schemes -Sanjeeb Mukherjee
-The Business Standard PlanCom meets this month to hasten implementation; initial focus on target coverage might cover 300 districts After reposing faith in the Aadhaar project at its cabinet meeting last week, the Narendra Modi government wants Direct Benefits Transfer (DBT) to 80% of beneficiaries in five key schemes "as soon as possible". These include the cooking gas subsidy, where DBT was stalled under the previous government. The other schemes are on transfer...
More »Getting India’s agri support maths wrong -Tejinder Narang
-The Financial Express The USDA projection of 29% of agri GDP is faulty as it counts rural development expenditure also, it is only 13% In a report titled "India's Agricultural Exports Climbs To Record High" (click here to access), the US Department of Agriculture (USDA) speaks of a steep ascent in Indian agro exports-from $5 billion in 2003 to $39 billion in 2013. This may be flattering, but the facts and figures...
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