-Livemint.com If you want to give a cash benefit, do it without distinguishing between farmers and non-farmers A toothless NITI Aayog is trying to flex its muscles on India’s statistical system. And in doing so, it is destroying its credibility NEW DELHI: The income support scheme announced in the interim budget for small and marginal farmers is both regressive and inefficient, because it neither includes the poorest landless farmers, nor does it...
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Farm Loans Across Country Will Be Waived If Congress Comes To Power At Centre: Rahul Gandhi
-Outlook "The Congress governments in Madhya Pradesh, Rajasthan and Chhattisgarh have waived farmers' loans as promised," he said, adding, "If a Congress-led government comes to power in Delhi, farm loans will be waived across the country." Congress president Rahul Gandhi Sunday said his party would waive farm loans and give a big push to the food processing industry if voted to power in the Lok Sabha elections Alleging that the Centre's crop insurance...
More »Only 3% Mudra loans can generate monthly income of more than 10,000 -Prasanna Mohanty
-India Today The Narendra Modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...
More »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 »The Pradhan Mantri Fasal Bima Yojana (PMFBY) -- Lesser than a Solution -Santosh Verma
-Vikalp.ind.in During the past three and half decades, various governments at the centre introduced several crop insurance schemes for the farmers to lessen the risks (partial or full) involved due to natural calamities and crop diseases. In 1985, in its very FIRst attempt, the Government of India (GoI) launched Comprehensive Crop Insurance Scheme (CCIS) with a mandate to a national coverage. In 1999, CCIS was replaced with a new scheme called...
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