-The Indian Express Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic. The Interim Union Budget 2019 is no less than a full budget with changes in taxation and announcement of lucrative schemes for various sections of the population. The recent losses in three major Assembly elections rang alarm bells for the ruling dispensation. With the...
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MP farmer gets loan waiver of Rs 13 instead of Rs 24,000
-PTI Agar Malwa: A 55-year-old farmer in Madhya Pradesh was taken aback when he got a loan waiver of just Rs 13 instead of Rs 23,815 he was eligible for under a scheme announced by the newly elected Congress government. Shivlal Kataria, a resident of Nipania Baijnath village in Agar Malwa district, has taken up the matter with the authorities and is hopeful of its resolution. Earlier this month, the Madhya Pradesh Cabinet...
More »Plough's share
-The Indian Express Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme. A well-conceived and pro-farmer crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — is faced with the prospect of going the fertiliser subsidy way. Just as in the latter’s case, the benefits from subsidy on crop premiums, too, seems to be going primarily...
More »Centre proposes to hike monthly pensions for the elderly poor, disabled and widows -Priscilla Jebaraj
-The Hindu Plan likely to be part of interim Budget New Delhi: Ahead of the 2019 election, the Rural Development Ministry has proposed that the monthly pensions of the elderly poor, disabled and widows be increased from the current Rs.200 to Rs.800. For those above the age of 80, the proposal is to increase the pension from Rs.500 to Rs.1,200 a month. The Ministry has submitted the proposal, which would have an...
More »After 10% quota, Govt plans basic income for poor, aid for farmers -Amitav Ranjan
-The Indian Express The 2017 Economic Survey had flagged the UBI scheme as “a conceptually appealing idea” and a possible alternative to social welfare programmes targeted at reducing poverty. With its legislation on a 10 per cent quota for the general category poor in jobs and education getting parliamentary backing in the run-up to the Lok Sabha elections, the BJP-led government is now exploring the possibility of providing direct benefit transfers...
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