-The Telegraph More than half of the country's small and marginal farmers continue to be left out of the ambit of formal finance A recent report by the Reserve Bank of India found that despite a plethora of schemes aimed at financial inclusion, only 40.9 per cent of small and marginal farmers have so far been covered by the banking system. Small and marginal farmers are defined as those with operational land...
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Under farm scheme, Odisha spent Rs 170 crore on over 3 Lakh ineligible beneficiaries
-TheWire.in The opposition has accused the state government of hastily implementing the KALIA scheme with an eye on elections. New Delhi: The Odisha government has found that it provided the benefit of its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to 3.41 lakh ineligible beneficiaries, The Hindu reported on Wednesday. This has led to the state exchequer spending Rs 170 crore more than it needed to on the scheme. Prior to...
More »Finance Ministry wants 2 'PM Kisan' instalments paid by month-end -Shishir Sinha
-The Hindu Business Line The Finance Ministry has asked the Agriculture Ministry to complete the payout of two instalments of Rs.4,000 to farmers under the PM Kisan scheme by September 30. This is to boost rural demand in the coming festival season. PM Kisan or Pradhan Mantri Kisan Samman Nidhi is an income support scheme. It provides Rs.6,000 in three equal instalments annually. Initially, the coverage was limited to small and marginal...
More »The right to choose -Ashok Gulati
-The Indian Express Government could give fertiliser subsidy directly to farmers and let them decide if they want to practise zero budget natural farming or use chemical-fertilisers. The Narendra Modi government completed 100 days of its second term (Modi 2.0) last week. On this occasion, most cabinet ministers spoke of the achievements of their ministries. The headlines in newspapers were, however, about the abrogation of Article 370, or the biggest slump...
More »Centre may promote Farmer Producer Organisations, but will they address agrarian distress? -Richa Govil
-TheWire.in India already has several kinds of FPOs. So why have they not made a dent on farmers' woes? On July 5, 2019, the government of India announced its intent to promote 10,000 farmer producer organisations (FPOs) over the next five years, as part of its efforts to increase farmer income and reduce agrarian distress. Such collectivisation can be very powerful. The best known example of an FPO is that of Amul...
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