-The Hindu 198 existing dams in seven States will benefit The government has approved a 65% hike, and extended by two years, a project to improve the stability and working of dams in 11 States. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister narendra modi, approved the Dam Rehabilitation Improvement Project (DRIP) project on Wednesday. Out of the Rs.3,466 crore cleared, Rs. 2,628 crore would be funded by the...
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Despite Multiple Flaws, Centre Is Rushing the Bhavantar Scheme for Farmers -Sudhakar Gummula
-TheWire.in The Price Deficiency Payment Scheme will likely exclude small and marginal farmers, disincentivise efficient farmers and does not have inadequate registration of farmers. The narendra modi government announced three new schemes for farmers under one umbrella scheme named PM-AASHA, aimed at ensuring minimum guarantee prices for the farm produce. These three schemes – Price support scheme (PSS), Pilot of Private Procurement & Stockist Scheme (PPPS) and Price Deficiency Payment Scheme (PDPS)...
More »Drowning in sweetness -Ashok Gulati
-The Indian Express The sugar industry faces a crisis of plenty. Unless bold steps are taken quickly, it can prove costly to the Modi government. The sugar sector is heading for a major crisis of plenty. India will begin the sugar season (October to September) with a sugar stock of about 10 million metric tonnes (MMT). The industry’s production estimate for 2018-19 is 35.5 MMT, up from 32.3 MMT in 2017-18, against...
More »RTI: In Uttar Pradesh, no rupee spent from PM's maternity scheme
-IANS While the number of beneficiaries stand at more than 34 lakh across the country, not a single woman in Uttar Pradesh has received payment under the maternity scheme, the RTI reply showed Not a rupee of government money has been spent on pregnant and lactating women enrolled under the Prime Minister narendra modi's much-hyped maternity benefit scheme till August 2018 in the most populous state of Uttar Pradesh (UP), which happens...
More »Destructive? Yes. Creative? Ahem -Devadeep Purohit
-The Telegraph BJP invokes Schumpeter, economists bewildered Calcutta: Economics lore has it that Joseph Schumpeter had set three goals in life: to be the world's greatest economist, Austria's greatest horseman and Vienna's greatest lover. The Austrian-American economist apparently accomplished two of the three missions but never said which two, other than offering a clue by hinting there were too many fine horsemen in Austria. A fourth goal - unrecorded by the late economist...
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