-The Times of India NEW DELHI: Food ministry is working on a pilot to emulate the direct cooking gas subsidy transfer scheme model for public distribution system (PDS) of subsidised foodgrains. The beneficiaries will get the subsidy amount in advance in their bank accounts and they will have to buy the foodgrains from any ration shop, which has got the electronic point of sale (e-PoS) devices. The food ministry recently sent three...
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Rich nations have cornered 90% of farm subsidy entitlements: India-China study -Amiti Sen
-The Hindu Business Line Entitlements of developed countries need to be eliminated before other reforms, study suggests New Delhi: Seeking to expose the double-standards of developed countries at the World Trade Organization (WTO), a joint paper by India and China has revealed that rich nations, including the US, the EU and Canada, have been consistently giving trade-distorting subsidies to their farmers at levels much higher than the ceiling applied on developing countries....
More »Crop insurers made Rs 10,000 crore profit amid agrarian crisis: CSE -Jatin Gandhi
-Hindustan Times The CSE report shows that insurance companies had only settled 32.45% of the claims made till April 2017. New Delhi: An independent evaluation of the Modi government’s much-touted crop insurance scheme has showed that insurers gained nearly Rs 10,000 crore in gross profit during the last kharif season, from June to November 2016. However, it settled less than a third of the crop-loss claims filed till early this year. The report released...
More »Pradhan Mantri Fasal Bima Yojana -- a good scheme with flawed implementation, says CSE's latest report
-Centre for Science and Environment New Delhi: Centre for Science and Environment (CSE) released here today the first detailed independent evaluation and analysis of the Pradhan Mantri Fasal Bima Yojana (PMFBY) – government’s flagship national agricultural insurance programme. Across the world, agriculture insurance is recognised as an important part of the safety net for farmers to deal with the impacts of extreme and unseasonal weather due to climate change. Releasing the report...
More »On Government's Claims Of Creating 7 Crore Jobs, A Fact Check -Sreenivasan Jain and Manas Pratap Singh
-NDTV The government's reliance on the MUDRA scheme of lending to small businesses to create jobs has not had the kind of result being advertised. New Delhi: Facing heat for not being able to back its promises of job creation, the Centre and the BJP have repeatedly cited the success of its MUDRA scheme, an acronym for Micro Units Refinance and Development Agency, meant to promote lending to small businesses. Speaking earlier this...
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