-Livemint.com The farm income support scheme was launched after NDA’s other flagship schemes failed to tackle rural distress The scheme promises to pay Rs. 6,000 every year to each of the 120 million farmer families in India NEW DELHI: The Narendra Modi-led Bharatiya Janata Party (BJP) government at the centre announced a scheme for farmers in the interim budget presented on 1 February, with just a few months to go for the...
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The pitfalls of a cash income support scheme -Prabhat Patnaik
-The Telegraph For starters, it would alter the prices at which such support was calculated for ensuring a basic real income With Rahul Gandhi’s announcement of the Congress’s “historic decision” to adopt an income guarantee scheme, the idea of a universal basic income, mooted in the Economic Survey two years ago, has suddenly got a fillip. It appears attractive at first sight: its universality avoids the discrimination, exclusion and jockeying that typically...
More »The PM-KISAN challenge -Aparna Roy
-The Hindu The top-down, rushed approach of the government in reaching out to farmers is likely to end in failure This year’s Interim Budget is being regarded as a big spread for farmers. The government announced its decision to transfer Rs.6,000 every year directly to 12 crore farmers holding cultivable land up to 2 hectares through the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. While this is a progressive step, is it...
More »144% More Funds For Agriculture, But Not Enough To Quell Farm Unrest - Nilachala Acharya
-IndiaSpend/ CBGA Agriculture has got an unprecedented 144% rise in allocation in the interim budget announced by the Bharatiya Janata Party (BJP) government--from Rs 57,600 crore in the 2018-19 budget estimates to Rs 1,40,764 crore in the interim budget. This took the share of the agriculture ministry in the total union budget to 5.2%, a benchmark succeeding governments will be compelled to match for political reasons. For context, the share has been...
More »Madhya Pradesh farm crisis: Crop insurance scheme fails to cover losses
-TimesNowNews.com (Mirror Now) Despite paying premiums of Pradhan Mantri Fasal Bhima Yojana, farmers in Madhya Pradesh are facing a crisis as the payout under the crop insurance scheme are rare and farmers fail to their cover losses. Bhopal: Despite paying premiums of the crop insurance scheme, farmers in Madhya Pradesh are facing a crisis. The government had launched the Pradhan Mantri Fasal Bhima Yojana in 2016 precisely to address crops ravaged by...
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