-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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Maharashtra asks banks not to divert PM-Kisan money to farmers' loan accounts -Radheshyam Jadhav
-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to farmers’ loan accounts, the Maharashtra government has instructed banks to return the money to farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...
More »Delhiites' per capita income thrice the national average
-The Hindu City’s revenue collection registers a growth of 14.7% in 2017-2018; debt problem ‘well under control’, states Economic Survey tabled in Assembly New Delhi: The Delhi government’s revenue collection, the per capita income of Delhiites and the percentage of growth of the Gross State Domestic Product (GSDP) of the Capital are all estimated to see an upward trend, according to the Economic Survey of Delhi 2018-2019. Tabled by Delhi Finance Minister Manish...
More »No shortcuts to income guarantee -Harsh Mander
-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...
More »PM Kisan Yojna: Small, marginal farmers to get Rs 4,000 by early April
-The Indian Express The Centre plans to transfer Rs 4,000 to small and marginal farmers under the PM-Kisan scheme by the first week of April, well before the Lok Sabha polls start. The transfer of Rs 2,000 to the bank accounts of farmers will commence from February 24 under the income support scheme and preparations are on to cover as high as 1 crore farmers on the first day of the...
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