The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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Govt extends mid-day meal scheme for vacations
-The Times of India Raipur: To make sure that no kid sleeps without food in drought-hit areas even when their schools take a summer break, Chhattisgarh government has decided to continue the supply of midday meals during summer vacation as well. Around 26 lakh children in 117 tehsil of 25 districts will benefit with the move. An official circular issued by education secretary Subrat Sahu stated that all students of government schools...
More »Pro-rural push on govt agenda -Sanjeeb Mukherjee
-Business Standard To connect with villages to highlight two years' achievements To commemorate two years of its rule, the Narendra Modi government is planning to penetrate deep into the hinterland, rural areas and Tier-2 towns with a balance sheet of its achievements. Officials said though much of the plan is still in the works, the thrust is to take the message to the grassroots. The rural engagement programme might not be limited to...
More »Golden yields - Focusing on agriculture alone will not improve farm incomes -Shubhashis Gangopadhyay
-The Telegraph The recent budget talked about the government's plan to double farm incomes in the next five years. This will be done through investments in rural infrastructure, especially irrigation. About 50 per cent of land under foodgrain production in India is irrigated. This means that half of the foodgrain producing land in India faces weather uncertainties and, hence, those working on them face annual (seasonal) variations in income. These variations...
More »Why It Is Hard To Double Farmers’ Income By 2022 -Abhishek Waghmare
-The News Minute/ IndiaSpend Efficient agricultural markets can also be a potent tool for poverty reduction “We are grateful to our farmers for being the backbone of the country’s food security. We need to think beyond food security and give back to our farmers a sense of income security. Government will, therefore, reorient its interventions in the farm and non-farm sectors to double the income of the farmers by 2022.” —Finance...
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