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How Modi govt managed to transfer funds to 2 crore farmers just 3 weeks after big promise -Remya Nair

-ThePrint.in Modi govt is looking to deliver first instalment to all 12 crore beneficiaries by 31 March but faces a host of challenges, including non-cooperative opposition states. New Delhi: The Narendra Modi government managed to transfer funds to nearly one crore beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme on 24 February, a little over three weeks after it was first announced in the budget, and within a week of...

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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...

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Will PM-Kisan transform India's agriculture support ecosystem? -Sayantan Bera

-Livemint.com The farm income support scheme was launched after NDA’s other flagship schemes failed to tackle rural distress The scheme promises to pay Rs. 6,000 every year to each of the 120 million farmer families in India NEW DELHI: The Narendra Modi-led Bharatiya Janata Party (BJP) government at the centre announced a scheme for farmers in the interim budget presented on 1 February, with just a few months to go for the...

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Delhi govt plans to set up hostels for daily wagers -Atul Mathur

-The Times of India NEW DELHI: Thinking beyond “rain basera”, the ordinary shelters for the homeless, Delhi government is now working on a proposal to set up working men’s hostels. Though at a conceptual stage, the hostels would provide dedicated beds to the working class in a dormitory with the provision of a community kitchen and recreational activities at a monthly rent of up to Rs 1,000, said sources. The hostels would be...

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A costly short-term borrowing: Dip into small savings -Sunny Verma

-The Indian Express The NSSF collects funds through small savings schemes, such as Post Office Savings Account, National Savings Time Deposits, National Savings Recurring Deposits, National Savings Monthly Income Scheme. It is a costlier form of borrowing for the government as compared to market loans. New Delhi: AN INCREASED reliance on the National Small Savings Fund (NSSF) and issue of recapitalisation bonds has helped the government to improve its fiscal affairs...

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