-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...
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Clearing the air on LPG -Siddharth George & Arvind Subramanian
-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...
More »Hi-tech route to cut subsidy but long road ahead -B Dasarath Reddy
-Business Standard Digitisation of supply chain for BPL beneficiaries can save Rs 1,080 crore a year but much needs to be done to plug Leakages Hyderabad: In this state of information technology professionals, now even a village woman knows how the malfunctioning server in Hyderabad can affect the delivery of subsidised foodgrain to her. Technical snags can make the queues longer at fair price shops in Andhra Pradesh, even a year after the...
More »All you wanted to know about Aadhaar Bill -V Nalinakanthi
-The Hindu Business Line Last week, the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 was passed by the Lok Sabha. Earlier in the week, the Bill was returned by the Rajya Sabha with five key amendments, but these were turned down and the LS passed it as a Money Bill. What is it? The Aadhaar Bill plans to use the identification number issued by the Unique Identification...
More »Despite being around for a decade, MGNREGS continues to be plagued by Leakages, fraud -Dinesh Narayanan
-The Economic Times I will never make the mistake of discontinuing M(G)NREGA; because it is a living testimony of your failures. After 60 years of Independence you had to make people dig ditches — Prime Minister Narendra Modi. In that March 2015 speech in Parliament, Prime Minister Modi taunted the Congress Party that the rural job guarantee programme Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was required because of the party's...
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