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Few details, Rs 3.6 lakh crore-question: Will it be a top-up or subsidy tweak? -Aanchal Magazine

-The Indian Express According to the Central Statistics Office, there were 24.95 crore households in India in 2011. If every household in the bottom 20 per cent is eligible for this income, this translates into a total expenditure of about Rs 3.6 lakh crore annually. When Congress president Rahul Gandhi announced that his party, if voted to power, would offer a minimum income of Rs 72,000 a year for the poorest 20...

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Casting the Net: India's Public Distribution System after the Food Security Act -Jean Dreze, Prankur Gupta, Reetika Khera and Isabel Pimenta

-Economic and Political Weekly A broad-brush assessment of the public distribution system is presented in six of India’s poorest states—Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, and West Bengal—soon after the National Food Security Act, 2013 came into force. Important gains have been made, including broader coverage, lower targeting errors, accelerated PDS reforms, and a greater political commitment to food security. In four of the six reference states, the PDS seems to...

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How to make Direct Benefit Transfers work for the people -Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar

-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...

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Why Universal Basic Income is Fraught With Serious Problems -Prabhat Patnaik

-Newsclick.in Income support should not lead to the State washing its hands of the poor after handing them a certain sum of money whose real value too would dwindle over time. With Congress president Rahul Gandhi’s announcement recently at Raipur that his party had taken a “historic decision” to introduce an income guarantee scheme for the poor, and with the general anticipation that the Narendra Modi government’s last budget will also announce...

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MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years

  In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...

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