When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...
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Challenge for Food Corporation of India: Rising stocks, cost, & push to procure -Harish Damodaran
-The Indian Express At the projected economic cost of Rs 29.94/kg for wheat and Rs 42.94/kg for rice, the corresponding per-kg PDS consumer subsidy in the coming fiscal would work out to Rs 27.94 and Rs 39.94, respectively. The Food Corporation of India’s (FCI) “economic cost” of wheat sold through the public distribution system (PDS) is budgeted to go up to Rs 29.94 per kg and that of rice to Rs 42.94...
More »Record 95.38% of registered farmers in Chhattisgarh sold paddy on MSP in Kharif 2020-21
-IndiaToday.in Numbers of farmers selling paddy on MSP, total registered acreage and the quantity of paddy sold this year is the highest in last 20 years. More than 92 lakh metric tonnes of paddy procured in 2020-21 in Chhattisgarh. A record number of 95.38 per cent of total registered farmers have sold paddy in Chhattisgarh in Kharif marketing year 2020-21, thanks to farmer-friendly policies implemented in Chhattisgarh under the leadership of Chief...
More »Budget, like farm laws, is marred by gap between intentions of government and ground realities of agriculture -Ajay Vir Jakhar
-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
More »Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre -Swati Narayan
-Firstpost.com The biggest hoodwink is the starved Poshan Abhiyan 2.0, which though merges the Supplementary Nutrition Programme and the Poshan Abhiyan, has been allocated an amount less than what was prescribed for Anganwadi services in 2020 In a post-truth world, the plain cold statistics in the fine print of the Union Budget 2021 often reveal more than the Union Finance Minister Nirmala Sitharaman's speech. The budget for NREGA labourers has been slashed despite...
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