The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati
-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...
More »RB Barman, former Chairperson of National Statistical Commission, interviewed by TK Rajalakshmi (Frontline.in)
-Frontline.in Interview with R.B. Barman, former Chairperson, National Statistical Commission. R.B. Barman, former Chairperson of the National Statistical Commission (NSC), was member of the Indian Statistical Service before joining the Reserve Bank of India in 1979. He was president of the Indian Econometric Society in 2006-07, Vice Chairman, Irving Fisher Committee on Central Bank Statistics, Bank for International Settlement, Basel, Switzerland, and Member, International Data Forum. He sent a paper to Prime...
More »PM Kisan Yojna: Small, marginal farmers to get Rs 4,000 by early April
-The Indian Express The Centre plans to transfer Rs 4,000 to small and marginal farmers under the PM-Kisan scheme by the first week of April, well before the Lok Sabha polls start. The transfer of Rs 2,000 to the bank accounts of farmers will commence from February 24 under the income support scheme and preparations are on to cover as high as 1 crore farmers on the first day of the...
More »Besides inconsistent data on coverage from different sources, target not achieved in case of PMKSY-Per Drop More Crop
How is it possible that we get different figures on area brought under micro-irrigation pertaining to the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)-Per Drop More Crop (PDMC)--a scheme which is implemented by the Ministry of Agriculture & Farmers' Welfare? The dashboard (https://pmksy.gov.in/mis/frmDashboard.aspx) of PMKSY-Per Drop More Crop clearly shows that 11.25 lakh hectare was brought under micro-irrigation in the financial year 2017-18. Please check chart-1. Chart 1: Physical target versus achievement --...
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