-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...
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India Inc needs more time to spend meaningfully -Radhika Merwin
-The Hindu Business Line Indian corporates are just settling in to the regime of mandatory spends on CSR activities. The Centre has so far been lenient and has allowed them to spend less than the required amount as long as they disclose the reason. Many companies, which have fallen short, have listed a variety of reasons for this short-fall. This varies from the need for more time to identifying the right CSR...
More »Unpaid subsidy means FCI to be starved of funds by December -Sandip Das
-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
More »India shining, Bharat whining -Ashok Gulati and Prerna Terway
-Financial Express The country must double its support to farmers, from the current levels of about 6-8% of the value of agri-output It was in the mid-1980s that the ‘India-Bharat’ phraseology was fist pushed into political jargon, by farmers’ leader Sharad Joshi, with ‘India’ representing the urban elite of the country and ‘Bharat’ synonymous with its neglected rural folk. Joshi, at the time, was leading lakhs of farmers protesting against anti-farmer policies,...
More »SC takes serious view of job scheme arrears -Krishnadas Rajagopal
-The Hindu The Supreme Court on Monday sought the Centre’s response on a Public Interest Litigation (PIL) petition, alleging haphazard implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), and delay in payment of wages and compensation to labourers. The petition, filed by RTI activist Aruna Roy, social activist Nikhil Dey and ex-civil servant Lalit Mathur, said the government had a pending liability of Rs. 3,200 crore in wages to...
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