-The Financial Express Turning agriculture around should be the top priority of government in the new year. India became the world’s fastest-growing economy in 2015. Indian agriculture, however, fared much worse. Agriculture grew only by 0.2% in FY15. Two consecutive years of drought, unseasonal rains in rabi season and falling food prices in global markets have driven farmers to desperation. Turning agriculture around should be the top priority of government in the...
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Social sector asks Jaitley to review subsidy alternatives -TCA Sharad Raghavan
-The Hindu Several instances of in-kind transfers being successfully implemented. Social sector groups want Finance Minister to review the implementation of alternative subsidy systems before going ahead with Direct Benefit Transfer (DBT). “There have been several instances of in-kind transfers being successfully implemented in various parts of the country. Our appeal to the Finance Minister was to look at all the successful examples of alternative schemes before the government pushes ahead with the...
More »New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera
-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...
More »Mention Aadhaar for filing governance-related grievances: Govt
-PTI Move by the Centre is aimed at weeding out false complaints in governance-related matters To reduce the number of vexatious and malicious complaints, the government has decided to encourage the complainants to mention their Aadhaar card numbers while filing grievances on governance-related matters through an online platform. The Department of Administrative Reforms and Public Grievances (DARPG), which is the nodal agency for formulating policy guidelines for citizen-centric governance, manages a Centralised Public...
More »Managing agricultural risk
-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...
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