-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
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Cheque bounce cases: Punjab farmers block highway as talks with banks, govt fail -Raakhi Jagga
-The Indian Express On Wednesday evening, a meeting had taken place between Cooperation Minister Sukhjinder Singh Randhawa, representatives of various banks and farmer union leaders. Ludhiana: ON THE fourth day of protests over banks taking action against farmers in cheque bounce cases, farmers’ groups sat on a dharna blocking the Ludhiana-Ferozpur state highway after talks with banks and government representatives failed. The farmers are protesting against banks’ practice of taking blank cheques...
More »Not satisfied by Maharashtra CM's assurances, farmers to go ahead with march
-The Indian Express The farmers would go ahead with the march from Nashik to Mumbai as planned on February 20. They will reach Mumbai on February 27 during the Budget Session of the state legislature. The Budget Session is slated to begin on February 25. Mumbai: Even as Chief Minister Devendra Fadnavis tried to allay the concerns of farmers in a two-hour meeting on Sunday, the All India Kisan Sabha (AIKS) said...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
More »Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati
-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...
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