-Business Standard Between FY16 and FY17, the number of farmers enrolled in the scheme declined from about 57.3 million to about 48.5 million, a fall of around 15% Kolkata: The Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship crop insurance scheme of the Narendra Modi government, has entered its third year of operation, albeit with a substantial decline in farmers' enrolment in its second year, the data reveals. Between FY16 and FY17, the...
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Easier credit norms for small and marginal farmers -Zia Haq
-Hindustan Times Government’s decision is aimed to cut dependence of small and marginal farmers on usurious informal private lenders. The government has streamlined lending norms in schemes such as the Kisan Credit Card to boost institutional credit flow to small and marginal farmers who make up over 90% of people engaged in agriculture and, as a class, are highly vulnerable to risks. The aim is to cut their dependence on usurious...
More »A triple blow to job guarantee scheme -Rajendran Narayanan & Madhubala Pothula
-The Hindu A lack of sufficient funds, rampant payment delays and abysmal wage rates are to blame The ?11,000 crore fraud that diamond merchant Nirav Modi is said to have created is a figure that needs to be put in perspective. The total amount of wages pending under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for the whole country (2016-17) was around ?11,000 crore too. This sum is a...
More »Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...
More »Amid agri crisis, pain for rural India as Modi govt chokes MGNREGS funding -Khabar Lahariya & Shreehari Paliath
-Business Standard/ India Spend Delays in wage payment have been a constant throughout MGNREGS implementation Bachcha Lal’s shirt hung loosely over his frail body, exposing his sunken collarbones, as he stood outside his straw-thatched home in central Uttar Pradesh’s (UP) Bundelkhand region. “They all rely on me,” he said, pointing towards his tubercular son, daughter-in-law and grand-daughter. Illiterate and a landless labourer, 65-year-old Lal makes about Rs 175 a day when he...
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