-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister narendra modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...
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Drought factor forces NDA government to rethink on MGNREGA -Ruhi Tewari
-The Indian Express The average days of employment provided per household, too, fell to 40.01 from 45.97 in 2013-14 and 46.20 in 2012-13. From Prime Minister narendra modi’s public barbs against its being a “living proof” of 60 years of Congress misrule, to a proposal now for extending the annual work entitlement to 150 days in drought-affected areas, the BJP-led government’s disposition towards the Mahatma Gandhi National Rural Employment Act (MGNREGA)...
More »Modi government is killing Vajpayee's food security scheme -Supriya Sharma
-Scroll.in By phasing out the Antyodaya scheme, the government could deprive the poorest of poor of adequate food security. The narendra modi government has issued an executive order that contravenes the National Food Security law passed by Parliament in 2013 and effectively phases out the Antyodaya food scheme launched by the Atal Bihari Vajpayee government in 2000. Issued on March 20 by the Department of Food and Public Distribution, the order recently came...
More »Centre hikes minimum support price for pulses and paddy
-Hindustan Times The Centre on Wednesday hiked the minimum support price for pulses by up to Rs 275 a quintal for the year and also approved an increase of Rs 50 in MSP for paddy. The MSP for paddy will now be Rs 1,410 per quintal. Hikes in MSP are known to help farmers, which in turn can incentivise them and boost their overall agricultural output. The Cabinet Committee on Economic Affairs (CCEA)...
More »More dal, less bhaat -Ashok Gulati and Shweta Saini
-The Indian Express Government should devise a crop-neutral incentive structure to attract farmers to pulses over paddy. Policymakers and consumers can rejoice in the light of the latest price data. Food inflation in particular has witnessed significant moderation. In May 2015, food prices were up by only 2.3 per cent at wholesale and 5 per cent at retail levels over May last year. The increases in minimum support prices for the...
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