-The Indian Express The last five years, in other words, have seen a slowdown in rural wages even after adjusting for inflation, which has been far lower than during the UPA regime. Rural wages have grown 3.8 per cent year-on-year in December, the lowest ever for this month. Together with depressed farm prices — annual wholesale inflation in December was minus 0.07 per cent for “food” and 4.45 per cent for...
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India's Agriculture Export Policy: Incidence of non-tariff measures increasing, little understanding of existing restrictions -Seema Bathla & Abhishek Jha
-Financial Express For this, there is a need to have scientific research and adequate data to establish a case. The Cabinet approved the first Agriculture Export Policy in December 2018, with the aim to double farmers’ incomes and increase agricultural exports to $60 billion by 2022. The policy also focuses on a stable trade regime, diversify exports by products and destinations, and promote perishables and high value-added products. In fact, a sum...
More »Unmet farm challenge
-The Indian Express Policy still hasn’t adjusted itself to address the crisis of agricultural produce deflation. India’s agricultural output grew by hardly 2.7 per cent during the last October-December quarter. That isn’t bad, if one takes the corresponding year-on-year increases for the preceding 10 quarters; these have ranged between 4.2 per cent and 7.5 per cent. The cause for concern is that these reasonably good production growth rates in “real” terms...
More »Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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