-The Indian Express The Budget has promised an assured income to farmers, Rahul Gandhi a minimum income guarantee, and Sikkim a universal basic income by 2022. Back in 2016-2017, the Economic Survey said UBI was an idea whose time was ripe for discussion. As that talk picks up in the run-up to the Lok Sabha elections, The Indian Express parses the debate, starting from India’s only two pilot projects FINANCE Minister...
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Government weighs options for pre-poll farm package -Vishwa Mohan
-The Times of India NEW DELHI: Will it be Telangana’s ‘Rythu Bandhu’ or Odisha’s ‘Kalia’ scheme which the Centre bets on in its much anticipated farm package ahead of general elections? Apart from these two schemes, the Centre is also looking at some proposals including area-based income compensation and waiving off premium for crop insurance and interest on loans for farmers who pay on time. The Centre’s farm options are due to...
More »Govt should launch basic income scheme: Arvind Subramanian
-The Indian Express Subramanian’s suggestions come days ahead of the Budget to be presented on February 1. Incidentally, Congress President Rahul Gandhi said his party will bring Minimum Income Guarantee for every poor person if voted to power. New Delhi: In order to tackle agrarian distress effectively, the Central government and the states should launch a basic income scheme which guarantees minimum cash transfers to all except the well-off in rural...
More »Removing the roots of farmers' distress -C Rangarajan & S Mahendra Dev
-The Hindu Steps like limited procurement, boosting productivity and consolidating land holdings can help reduce agrarian distress Recently, there has been active discussion on the strategies addressing farm distress. There are media reports that the ‘interim Budget’ may focus on the farm sector among other things. Agrarian distress, in the present context, is mainly in terms of low agricultural prices and, consequently, poor farm incomes. Low productivity in agriculture and related supply...
More »Rhetoric no salve for farm distress -PP Sangal
-Financial Express Farmers in India (also in undivided India) have generally been poor, and it has not been only the phenomenon of post-reforms period in Independent India, as believed by some. Yes, now it is becoming worse day by day. Farmers’ distress over the past few years has taken a new dimension so much so that political parties, without exception, are now using it as an opportunity to win elections by...
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