-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to farmers’ loan accounts, the Maharashtra government has instructed banks to return the money to farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...
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Governing India's many spaces -Pulapre Balakrishnan
-The Hindu Ill fares the land where wealth accumulates, and the social and natural environment suffer As the general elections approach, it would be politic to take stock of the progress made by the incumbent party and look out for the areas that call for particular attention by the one that gains power. Without anticipating complete agreement on the indicators that ought to be used, I look at the changes since 2014...
More »Managing the stimulus -Neelkanth Mishra
-The Indian Express The income transfer scheme was the highlight of the budget. But its success will need deft manoeuvring. Like in each of the previous two years, the run-up to the budget this year was rife with fears of significant fiscal slippage if the government caved in to political compulsions. And like in prior years, these fears turned out to be exaggerated. The decline in fiscal deficit ratios has indeed...
More »Will the budget actually benefit farmers? -Jayati Ghosh
-The Telegraph There are enormous questions about implementation, and the first issue is that of identifying the farmers Everyone expected the Narendra Modi government to do something big — or at least promise something big — before the general elections. Everyone also sensed that it would be something to do with farmers, one of the economic and social concerns that have now also become a political talking point. But perhaps no one...
More »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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