-The Indian Express Current economic contraction is different from previous ones. Governments should borrow and spend India has never experienced negative economic growth since 1979-80, and before that in 1972-73, 1965-66 and 1957-58. All these were drought years with 1957-58 also registering a significant balance of payments (BOP) deterioration and 1979-80 witnessing the second global oil shock following the Iranian Revolution. The real GDP decline of 5-10 per cent that various agencies are...

Huge sums of money are allocated for the rural and agrarian sectors by the Union Government in its annual budget every year, and rightly so. But in the absence of an adequate number of officials in rural areas, can the various schemes and programmes of the government be implemented properly? We will find the answer if we think about this issue deeply and the answer that would emerge should bother...

-The Indian Express Given this uncertainty over the reach of PM-KISAN and its targeting, the relevance of the scheme needs to be carefully evaluated during this period. The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is the first universal basic income-type of scheme targeted towards landed farmers. It was introduced in December 2018 to manage agricultural stress. Initially, the scheme was targeted at small and medium landed farmers, but with the declining growth...

-The Tribune The job guarantee scheme kept the rural sector afloat during the pandemic-induced lockdown. The number of people employed under MGNREGA in Punjab has gone up considerably. AMID the Covid crisis, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has sustained thousands of villagers who had been rendered jobless across Punjab. These also include the youth who returned to villages after they lost their jobs in towns and cities. After the...

-The Indian Express Noor Jamal, 25, lives at Satrakanara village in Barpeta district, which is heavily flooded. “In the lockdown, I could not sell our produce of vegetables and jute. And now there is flood water in the paddy field, it will damage the crops,” he said. Guwahati: At Bhuragaon in Assam’s Morigaon district, adjacent to the Brahmaputra and severely affected in this year’s floods, two hectares of the paddy field of...