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Rythu Bandhu scheme: Is RBS a panacea to loan waivers? -Kushankur Dey

-Financial Express With the 2019 Lok Sabha elections approaching, the government plans to offer a stimulus package in the form of agricultural investment support scheme and group insurance to farmers, which could otherwise subsume the fumes of the farm loan waiver burden. Can the government consider Telangana’s Rythu Bandhu Scheme (RBS) on a scaled down version? RBS has a grant component of Rs 4,000 per acre per farmer for one season (kharif/rabi)....

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Why citizenship amendment bill has created a row -Shaswati Das

-Livemint.com Opposition to the citizenship amendment bill stems from fears that it will give legitimacy to illegal migrants in India. ‘Mint’ decodes the controversy surrounding the bill The Citizenship (Amendment) Bill, 2016, has led to protests in the North-East after its passage in the Lok Sabha last week. Opposition to the bill stems from fears that it will give legitimacy to illegal migrants in India. Mint decodes the controversy surrounding the bill. *...

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Farmers bear the burden of deflation -Harish Damodaran

-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...

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MPs' panel proposes legal status for SSC -Soibam Rocky Singh

-The Hindu Says its work comparable to UPSC’s A Parliamentary Standing Committee (PSC) has recommended that the Centre accord statutory status to the Staff Selection Commission (SSC), one of the largest recruitment agencies in the country. The Union Public Service Commission (UPSC) and all State Public Service Commissions either have constitutional or legal status. The SSC is the only such organisation that performs similar functions on a much larger scale, but does not...

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Modi govt to announce Rs 4,000 per acre direct transfer, crop loan at 0% in two-fold farm relief; to cost Centre Rs 2.3 lakh crore -Anilesh S Mahajan & Rajeev Dubey

-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...

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