-Livemint.com * The PMMSY scheme is part of the ₹20 trillion stimulus package announced earlier this year by the Union government. PM Modi also announced the launch of e-Gopala mobile app, that provides solutions on issues related to livestock to the farmers. NEW DELHI: Prime Minister Narendra Modi on Thursday launched ₹20,050 crore-Pradhan Mantri Matsya Sampada Yojana (PMMSY) aimed at developing the country’s fisheries sector sustainably. The virtual conference also Witnessed the launch...
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Is the new farm trade regime fueling food inflation? -Sayantan Bera
-Livemint.com Trade moving outside regulated markets could lead to speculation and volatile prices, warn experts NEW DELHI: After the Centre enacted a new set of laws freeing internal trade in farm produce, crop arrivals in regulated wholesale markets have Witnessed a sharp decline. However, off-market transactions between farmers and traders which are going unrecorded could be fueling food inflation as traders engage in speculation and hoarding, experts said. An analysis of numbers from...
More »Growth in agriculture is not remunerative to Indian farmers -Richard Mahapatra
-Down to Earth Exceptional growth in agriculture and acreage in kharif season precipitate a crisis like never before for farmers In recent times, agriculture made headlines for all the wrong reasons: Farmers quitting cultivation; the sector turning into a perennial loss-making enterprise; and the country’s official policy to downsize the dependence on agriculture to reduce overall economic hardship among the poorest of the population. Agriculture’s fast-declining economic importance reached such an extent...
More »Centre’s Covid-19 fiscal stance is flawed -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Fiscal policy in India has been very timid amidst harsh, inefficient (in terms of public health outcomes) lockdown spells. Unless this changes, the economy may dive further As India faces the biggest economic crisis since Independence, it is being led by a central government in denial about the severity of the impact on lives and livelihoods, and spreading false hopes about the immediate future. The Monthly Economic Report of...
More »Nearly 18.2% households in Bihar demanded MGNREGA work in the current financial year (till Aug 31st) but did not receive it, shows a recent tracker by Peoples' Action for Employment Guarantee
-Third MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 4th September, 2020 The latest tracker of the Peoples' Action for Employment Guarantee (PAEG) focuses on the state of implementation of MGNREGA in Bihar. The state has Witnessed devastating floods that have affected the lives and livelihoods of numerous residents of Bihar. In addition, the state government itself admits to the return of nearly 18 lakh migrant workers back...
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