-Financial Express Just ahead of the 2019 general elections dates announcement, the prime minister launched the centrally sponsored ‘Pradhan Mantri Kisan Samman Nidhi’ (PM-Kisan) scheme of Rs 75,000 crore for small and marginal farm families. On February 24, 2019, from Gorakhpur in Uttar Pradesh, he transferred the first installment of Rs 2,000 each (out of `6,000 per annum) into the bank accounts of 1.01 crore farm families, amounting to `2,021 crore....
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Fielding the right incentives -Ashok Gulati and Ritika Juneja
-The Indian Express Income support under PM-Kisan is only one small step. It must be complemented by large-scale reforms in agri-marketing and trade policies. Just ahead of the announcement of the 2019 general election dates, the prime minister launched the centrally sponsored ‘Pradhan Mantri Kisan Samman Nidhi’ (PM-Kisan) scheme of Rs 75,000 crore for small and marginal farm families. On February 24, from Gorakhpur in Uttar Pradesh, he transferred the first...
More »Slowing Economy, Rising Joblessness -Subodh Varma
-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...
More »Ensure a minimum income for all -Ram Singh
-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...
More »Aadhaar seeding exempted for next PM-Kisan instalment too
-The Hindu Business Line The Union Cabinet has relaxed a condition that requires small and marginal farmers to seed their Aadhaar numbers with their bank accounts for getting the second instalment of payments under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. While clearing the scheme on February 1, the government had made it mandatory for farmers with less than 2 hectares of land to get Aadhaar seeding done for the second...
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