-Business Standard The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand for grants, tabled in Parliament last week, the government placed additional expenditure for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Food Security Act (NFSA), Swachh Bharat Abhiyan, drinking water scheme, Pradhan Mantri Gram...
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How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »Pursuing zero hunger -Varun Gandhi
-Asian Age Children born in India are, on average, shorter than those born in sub-Saharan Africa. Even worse, 255 million Indians remain food insecure, eating less than 2,100 calories daily. Jharkhand reports the lowest per capita calorie intake (1,900 Kcal) in rural areas, while West Bengal hovers similarly (1,851 Kcal) in urban areas. We have attempted to meet this challenge through legislation. Aside from the Right to Food Bill, the landmark...
More »Centre hikes minimum support price for pulses and paddy
-Hindustan Times The Centre on Wednesday hiked the minimum support price for pulses by up to Rs 275 a quintal for the year and also approved an increase of Rs 50 in MSP for paddy. The MSP for paddy will now be Rs 1,410 per quintal. Hikes in MSP are known to help farmers, which in turn can incentivise them and boost their overall agricultural output. The Cabinet Committee on Economic Affairs (CCEA)...
More »The BJP’s borrowed feathers -Dr. Manmohan Singh
-The Hindu Business Line Don’t let Modi’s gloss undermine the efforts and achievements of the UPA government, says the former Prime Minister This is the text of a speech delivered at the Congress chief ministers’ conclave in New Delhi on June 9 There is somewhat of a euphoria that our GDP growth since 2014-15 has started accelerating once again. But doubts have been expressed both within and outside government about the validity of...
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