-The Indian Express Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme. A well-conceived and pro-farmer crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — is faced with the prospect of going the fertiliser subsidy way. Just as in the latter’s case, the benefits from subsidy on crop premiums, too, seems to be going primarily...
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Impossible to double farmers' income in six years, says Abhijit Sen -Abhishek Waghmare
-Business Standard Ex Plan panel member also says demonetisation took a huge toll on cultivators and labourers; favours loan waivers, is skeptical about cash support scheme New Delhi: Former member of the erstwhile Planning Commission, Abhijit Sen, has said that the ambitious aim of doubling farmers’ incomes is impossible target in the period the government has set for it. Addressing an Economics Summit organised by Sri Ram College of Commerce in Delhi,...
More »Inadequate data on jobs a policy hurdle: Joshi panel
-Hindustan Times Creation of jobs, or the lack of a sufficient number of them, has moved to the centre stage of political discourse ahead of the upcoming general elections. New Delhi: The National Democratic Alliance (NDA) government’s National Career Portal — the revamped employment exchange — managed to find 707,000 jobs in 2016-17, or jobs for just 1.8% of the 39.1 million people registered with it, Parliament’s Estimates Committee has observed, HT...
More »Politics of Seeds: Common Resource or a Private Property -Afsar Jafri
-Focusweb.org The booklet entitled Politics of Seeds: Common Resources or a Private Property dated December, 2018: * deals with the role of World Bank in the Indian seed sector; * deals with Transformation of seeds from farm-saved traditional seed to monopolized GM seeds; * deals with IPRs and Patents on Seeds, and the threat under FTAs/ RCEP; * deals with major Seed legislations in India; and * presents the alternative in the form of seed conservation...
More »Behind rural slowdown: Credit shows uptick, but still trailing in farm sector -Sandeep Singh
-The Indian Express Data collated from the Reserve Bank of India over the last five years shows that growth in credit outstanding for the priority sector has traditionally been rising at a much faster rate than the growth in gross bank credit An uptick in the economy is clear from the improvement in gross bank credit availability but unlike in the past, lending to the priority sector continues to trail, posting single-digit...
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