-TheWire.in Premium collected by insurance companies has increased by Rs 36,848 crore, while the number of farmers covered has increased only by 0.42%, according to RTI data obtained by The Wire. New Delhi: In January 2016, Prime Minister Narendra Modi launched a revamped crop insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY). It would “bring about a major transformation in the lives of farmers”, Modi...
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Demonetisation, GST held back growth: Raghuram Rajan
-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...
More »No respite from poverty for Muslims -Irfan Ahmad & Santosh Mehrotra
-The Hindu Government intervention is required to improve educational and economic indicators The National Sample Survey Office (NSSO) labour force survey reports that the economic condition of Muslims does not show any signs of improvement despite India being the fastest-growing large economy. An analysis of the data on economic and educational indicators for various religious groups reveals that Muslims are facing a vicious circle of poverty. Lowest education levels The NSSO’s 68th round (2011-12)...
More »Maharashtra farmer suicides have nearly doubled under BJP govt, drought to blame -Manasi Phadke
-ThePrint.in Chief Minister Devendra Fadnavis says his govt has tried to handle the drought situation, but any farmer suicide remains a matter of concern. Mumbai: Farmer suicides in Maharashtra have nearly doubled in the four years of the Bharatiya Janata Party (BJP)-led government, despite a surge in the overall expenditure on the agriculture sector. Data from the state’s relief and rehabilitation department shows that 11,225 farmer suicides were recorded between January 2015 and...
More »With Prices Hitting Rock Bottom, Garlic Could Sway Polls in Rajasthan, MP -Kabir Agarwal
-TheWire.in Farmers are unhappy with the lack of adequate government support and are likely to make it difficult for the BJP to return to power, especially in Rajasthan. New Delhi: On October 25, while addressing a rally in Jhalawar, Rajasthan, Rahul Gandhi spoke about garlic prices hitting rock-bottom in the region. Prices had fallen to Rs 2 a kilogram, he said. In Madhya Pradesh too, Gandhi spoke about falling garlic prices. In...
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