Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...
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Rahul Gandhi's minimum income for poor faces 3 challenges -- cost, targeting & delivery Saksham Khosla
-ThePrint.in Rahul Gandhi’s announcement is certainly good politics, but does it make for good economics? Congress president Rahul Gandhi’s announcement on a minimum income guarantee for the poor, coming days before the Narendra Modi administration unveils its own income support plans in the interim budget, certainly makes for good politics. But does it make for good economics? With the stress on farmer incomes and rural wages reaching crisis proportions, efforts to loosen the...
More »Why everybody loves Universal Basic Income -Ankita Dwivedi Johri
-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...
More »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 »Income transfer can ease farm distress -A Narayanamoorthy & P Alli
-The Hindu Business Line It scores over loan waivers as it benefits all farmers and gives them more control over the cultivation and sale of their produce There is an illusion across various quarters that a one-time farm loan waiver can remove all the hardships farmers have been going through over the last 15 years or so. This illusion has been occupying more space in public discourse in recent months because of...
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