-The Economic Times Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos. NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured Income Support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...
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PM's Income Support scheme will benefit over 8 lakh large farmers -Vishwa Mohan
-The Times of India NEW DELHI: Extending the assured Income Support (PM-Kisan) scheme for farmers, approved by the new government in its first Cabinet meeting last Friday, will also benefit over eight lakh big landholders — having landholding size of 10 hectares (nearly 25 acres) and more — across the country. Though such big landholders account for merely 0.6% of total farmers in India, their numbers in some states, such as Rajasthan,...
More »Farm relief, new MSP regime on govt's to-do list
-Hindustan Times The Narendra Modi government’s new agenda for the crisis-ridden farm sector is being geared towards achieving the single goal of doubling agricultural incomes — a legacy of its first term in office. Prime Minister Modi had ambitiously promised a 100% jump in farmers’ incomes between 2017 and 2022, but farmers have been hobbled by unprofitable sales and even negative returns on some crops, as farm produce continue to sell below...
More »Tackling farm distress is high priority
-The New Indian Express Narendra Modi’s overwhelming win has pushed the burning issues around agrarian distress on the back burner; but once the victory euphoria dies down, these will be pushing for recognition again. A crash in prices of farm produce and the demand for remunerative prices, and waiver of back-breaking loans are some of the issues staring the new government in the face. The interim budget recognised the distress by...
More »Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy
-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...
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