-The Hindu Business Line In the wake of the government announcing direct income support of ?6,000 per year for small and marginal farmers in the interim Budget on February 1, the Reserve Bank of India, on Thursday, raised the limit for collateral-free agriculture loans to Rs.1.6 lakh from Rs.1 lakh. The central bank said the increased limit will enhance coverage of small and marginal farmers in the formal credit system. The circular...
More »SEARCH RESULT
Total Matching Records found : 2404
How to make Direct Benefit Transfers work for the people -Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar
-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...
More »Examining farm loan waivers -R Ramakumar
-The Hindu The solution lies in better schemes that ensure universal coverage for small, marginal and medium-sized farmers To do or not to do? According to reports, the Central government is discussing a scheme to waive outstanding farm loans in the aftermath of widespread farmers’ protests between March and December 2018 . Till now, at least 11 States have announced schemes to waive outstanding farm loans: Madhya Pradesh, Uttar Pradesh, Karnataka, Tamil...
More »Setting store on warehouse receipts -Rajalakshmi Nirmal
-The Hindu Business Line If regulation turns supportive and the RBI mandates Banks to lend against the electronic negotiable warehouse receipts (eNWRs), they may soon take off Two weeks ago, I was in Suryapet district of Telangana. Here’s a short story of an English-speaking farmer from there, who greeted me with “good afternoon’ as I wished “namaskaram”. Venkateshwara Rao hails from Chinna Nemila village in Maddirala tehsil. He has a five-acre land on...
More »Rhetoric no salve for farm distress -PP Sangal
-Financial Express Farmers in India (also in undivided India) have generally been poor, and it has not been only the phenomenon of post-reforms period in Independent India, as believed by some. Yes, now it is becoming worse day by day. Farmers’ distress over the past few years has taken a new dimension so much so that political parties, without exception, are now using it as an opportunity to win elections by...
More »
