-The Indian Express On November 29, farmers are scheduled to gather at four locations on the outskirts of Delhi, from where they will march into the capital city. Mumbai: PHOTOGRAPHERS FOR farmers, lawyers for farmers, students for farmers and techies for farmers — these are some of a series of loose groups being formed across cities including Mumbai, Delhi, Chennai, Hyderabad and Pune in an effort to mobilise the support of...
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Why parties prefer freebies to investments in election manifestoes -Ashok Gulati
-Financial Express It is the season of promising freebies to lure voters. Congress leads in these promises. It has promised a Loan Waiver in Chhattisgarh within 10 days of coming to power; and the hiking of minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal, a 43% raise over the already increased MSP of paddy. In Madhya Pradesh, it has promised a Loan Waiver of up to...
More »Perils of over promising -Ashok Gulati
-The Indian Express Manifesto pledges to raise farmers’ incomes and increase MSPs take away focus from the structural reforms that are urgently required. It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers’ loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of...
More »Farm Loan Waivers lead to fewer crop insurance policies -Prabhudatta Mishra & Prasanta Sahu
-Financial Express Implementation of farm Loan Waivers by various state governments has led to a sharp decline in both the number of insurance policies and the farm area insured under the Pradhan Mantri Fasal Bima Yojana (PMFBY). According to data gathered by FE, during kharif 2018 (the harvesting of the crop is on), the number of insured loanee farmers under PMFBY was just over 2 crore, compared with 3 crore such...
More »Agriculture needs govt boost: Both PMFBY and PMKSY are flagging, revive them
-Financial Express While the government has reason to be pleased about the fact that the claims paid to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) have risen by around 50%, to Rs 15,181 crore in Kharif 2017 as compared to Rs 10,425 crore in Kharif 2016, what is worrying is the dip in both the number of farmers as well as land area covered by the scheme. More so...
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