-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
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No farm loan waiver, Maharashtra may opt for subsidies to farmers for installing infra facilities -Krishna Kumar
-The Economic Times MUMBAI: Bucking the trend of farm loan waivers set in motion by Uttar Pradesh, the Maharashtra government has decided a better option would be to give subsidies or grants to farmers for installing infra facilities at their farms to boost efficiency by easing input costs. “We are currently working on a policy whereby it would give grants or subsidies to farmers for say laying a network of pipelines for...
More »State of Agriculture in India -Tanvi Deshpande
-PRS Legislative Research The key findings of the report entitled: State of Agriculture in India by Tanvi Deshpande (March, 2017) are as follows: * The agriculture sector employs nearly half of the workforce in the country. However, it contributes to 17.5% of the GDP (at current prices in 2015-16). * Over the past few decades, the manufacturing and services sectors have increasingly contributed to the growth of the economy, while the agriculture sector’s...
More »Getting a handle on water for agriculture use -Ashok Gulati & Gayathri Mohan
-The Indian Express In Budget 2017-18, a sum of Rs 7,377 crore has been allocated to the Pradhan Mantri Krishi Sinchayee Yojana, a 42 per cent jump over the revised estimates for FY17. India is home to 17.5 per cent of the world’s population, but has only 4 per cent of the fresh water resources. Agriculture consumes some 78 per cent of the fresh water supply. With increasing urbanisation and industrialisation, India...
More »Does budget meet farmers' expectations? -Dr. T Haque
-The Indian Express Considering all these aspects, farmers had higher expectation that Budget 2017-18 would give them the best deal. However, this expectation was not met. It is now widely recognised and reported that farmers in India are facing a distressing situation. During 1995-96 to 2015-16, about 3 lakh farmers in the country committed suicide due to economic distress and depression. The Election Manifesto of Bharatiya Janata Party in both 1998 and...
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