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Union Budget 2018: Govt ensures payment of full MSP even if farmers sell below price

-Deccan Chronicle   The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022.    New Delhi: The Narendra Modi-led NDA government presented the Union Budget 2018-19 on Thursday. In the last full-fledged Budget of the BJP government Finance Minister Arun Jaitley tabled a lot of proposals for the agriculture and the rural economy. For agiculture sector, the Budget 2018...

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Beneficiaries not using subsidy amount to buy foodgrain: Puducherry -Dipak K Dash

-The Times of India NEW DELHI: The Puducherry administration has approached the Union food ministry to seek a return to the system of distributing subsidised foodgrain, instead of crediting the subsidy to the bank accounts of beneficiaries. The Union territory administration has claimed the beneficiaries are not using the subsidy amount to buy foodgrain. "The chief minister recently put up this proposal before Union minister Ram Vilas paswan. The UT administration...

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Following the grain trail: on India's public distribution system -Jean Dreze

-The Hindu Many States have initiated ‘reforms’ of the public distribution system that are hurting millions of people India’s public distribution system (PDS) is in danger of being derailed in several States across the country. Recent disruptions of the PDS have taken different forms, from compulsory biometric authentication to so-called direct benefit transfer (DBT). The consequences are alarming, but tend to go unreported. Biometric mix-ups Jharkhand is a prime example of this problem. By...

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Reetika Khera, Associate Professor of Economics at IIT-Delhi, interviewed by Surabhi (The Hindu Business Line)

-The Hindu Business Line The government must universalise social security pensions for the elderly, single women and persons with disabilities and also operationalise the maternity entitlement scheme at the earliest, says Reetika Khera, Associate Professor of Economics at IIT-Delhi. In an interview to BusinessLine, Khera argued against the use of Aadhaar for authentication of beneficiaries and said it has “no role in plugging leakages or in the identification of correct beneficiaries”....

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Govt's ambitious fertilizer subsidy reform plan -R Sree Ram

-Livemint.com Overall, while the government is trying to reform the fertilizer subsidy payment mechanism, the challenge is to make sure the new system works before implementation Union minister for chemicals and fertilizers Ananth Kumar’s ambitious plan to clear the fertilizer subsidy backlog before the implementation of the direct benefit transfer (DBT) scheme next fiscal year (FY19) has come as surprise to many. The huge subsidy backlog (estimated at Rs35,000 crore as of FY17)...

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