-The Indian Express The Modi government should spell out clearly what it wants to double by 2022 — nominal or real incomes. The National Bank for Agriculture and Rural Development’s (NABARD) 34th foundation day celebrations on July 12 saw a day-long deliberation on Prime Minister Narendra Modi’s call for “doubling farmers’ incomes by 2022”. This was an event at Vigyan Bhavan in the national capital, where the ministries of agriculture and finance...

-The New Indian Express NEW DELHI: The unprecedented drought in 9 states — at the beginning of April itself — poses the biggest challenge to Prime Minister Narendra Modi who recently launched several farmer-centric initiatives to ensure drought-proof agriculture in a bid to provide fresh impetus to the economy. As per a note submitted to the Prime Minister by a panel of secretaries, only 45 per cent area is irrigated in the...

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

-The Hindu Business Line We need a holistic policy to address India’s housing shortage issue With the Union Cabinet clearing a ₹81,975-crore plan to build one crore houses in rural areas over the next three years under the Pradhan Mantri Awas Yojana (PMAY)-Rural, the Narendra Modi government has given concrete backing to its promise of achieving universal coverage in housing by 2022. While providing housing for all has been the dream of...

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...