-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...
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Smart farming in a warm world -Feroze Varun Gandhi
-The Hindu Investment and policy reform are needed on priority to help farmers cope with climate change Over the last decade, many of Bundelkhand’s villages have faced significant depopulation. Famous of late for farmer protests, the region, which occupies parts of Uttar Pradesh and Madhya Pradesh, has been adversely impacted by climate change. It was once blessed with over 800-900 mm rainfall annually, but over the last seven years, it has seen...
More »Labour Bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj
-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
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,...
More »PM-KISAN to provide multiple benefits to farmers: CEA
-PTI The average income of farmers in FY16 was about Rs. 30,000 and, hence, Rs. 6,000 would be 20 per cent Farm income support scheme PM-KISAN will provide multiple benefits to farmers, including improving their credit worthiness, said Chief Economic Adviser K V Subramanian. The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was announced in the Interim Budget 2019-20, under which Rs. 6,000 will be given in three instalments to 12 crore small...
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