-Financial Express Just ahead of the 2019 general elections dates announcement, the prime minister launched the centrally sponsored ‘Pradhan Mantri Kisan Samman Nidhi’ (PM-Kisan) scheme of Rs 75,000 crore for small and marginal farm families. On February 24, 2019, from Gorakhpur in Uttar Pradesh, he transferred the first installment of Rs 2,000 each (out of `6,000 per annum) into the bank accounts of 1.01 crore farm families, amounting to `2,021 crore....
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Fielding the right incentives -Ashok Gulati and Ritika Juneja
-The Indian Express Income Support under PM-Kisan is only one small step. It must be complemented by large-scale reforms in agri-marketing and trade policies. Just ahead of the announcement of the 2019 general election dates, the prime minister launched the centrally sponsored ‘Pradhan Mantri Kisan Samman Nidhi’ (PM-Kisan) scheme of Rs 75,000 crore for small and marginal farm families. On February 24, from Gorakhpur in Uttar Pradesh, he transferred the first...
More »Tackling the agrarian crisis, differently -V Kumaraswamy
-The Hindu Business Line The focus must shift away from sops, to raising farmers’ income by promoting better seeds and rejuvenating soil health Agrarian crisis is staring on our face and, as usual, a flood of familiar suggestions have resurfaced. The political responses have been on expected lines. Fixing MSPs (minimum support prices) at 50 per cent over costs is as disastrous as it can get. There is no inherent incentive in cutting...
More »Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income Support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
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